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XLMedia begins $10m share buyback programme

18th December 2018 7:33 am GMT
XLMedia

London-listed digital performance marketing specialist XLMedia has approved a US$10m share buyback programme.

The programme will be funded from the company's existing cash balance, which amounted to $42m at the end of June.

The repurchase of shares will take place in open market transactions from time to time, depending on market conditions, share price, trading volume and other factors. It will run from today until the conclusion of the company‚Äôs 2019 Annual General Meeting on May 23rd.

"As part [...]

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