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C&C Group gets a round in with €15 million buyback

The buyback will commence on 1 March and is part of a wider plan to return €150 million to shareholders over the next three years

C&C Group, owners of the Tennent’s, Five Lamps and Bulmers Ireland brands, plans to buy €15m of its shares

C&C Group, owners of the Tennent’s, Five Lamps and Bulmers Ireland brands, plans to buy €15 million of its shares as the board confirmed its confidence in the company’s medium-term outlook.

The buyback, which will be conducted by broker Davy, will begin on 1 March and end no later than 30 June, subject to market conditions.

The move is part of a wider plan by the group to return €150 million to shareholders over the ...