TIDMABDN

RNS Number : 1427J

abrdn PLC

08 December 2022

abrdn plc ("the Company")

Share Repurchase Programme

The Company is pleased to confirm the completion of the second GBP150m phase of its GBP300m share repurchase programme undertaken during 2022. Over the course of this programme, c179m shares have been acquired.

The Company's capital resources are strong which will enable us to continue to invest in the business, support the dividend policy and return capital to shareholders. With our disciplined approach to allocating capital to deliver shareholder returns, we will continue to return capital in excess of business needs as further stake sales are realised.

9 December 2022

Enquiries:

 
Institutional Equity Investors 
 Catherine Nash                    +44 (0) 7798 518 657 
Media 
 Andrea Ward                       +44 (0) 7876 178 696 
Group Secretariat 
 Paul McKenna                      +44 (0) 7736 853 801 
 

LEI: OTMBS544NMO7GLCE7H90

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(END) Dow Jones Newswires

December 09, 2022 02:01 ET (07:01 GMT)

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