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Playtech to begin share buy-back programme

25th May 2011 7:48 am GMT

With shares in the company falling by more than a third over the past year, online gaming platform provider Playtech Limited said Wednesday that it does not believe the market recognises the “true value” of its business, with the company set to initiate a share buy-back programme of up to 10 per cent of its outstanding ordinary shares.

As of the closing price of 307.75 pence yesterday, Playtech’s shares were down 34.07 per cent over the [...]

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