McKay launches share buyback as it updates investors

McKay Securities (left to right): Simon Perkins, Tom Elliott and Giles Salmon

McKay Securities has launched a share buyback programme following its recent sale of 30 Lombard Street.

The group said the company’s current “substantial discount” to net asset value means that the buyback offers a price that the company believes will be value enhancing.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue