Glenveagh launches €60m share buyback programme

Glenveagh Properties' Barnoals development in South Dublin Photo by Glenveagh Properties copy

Irish housebuilder Glenveagh Properties has launched a share buyback programme to repurchase up to 10% of the group’s shares.

The company, which is currently valued at just under €600m (£530m), has opted for the buyback to return excess capital to shareholders and reduce the share capital of Glenveagh.

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