Kitchen and joinery specialist Howdens has launched the first phase of a huge £250 million share buy-back scheme.
The East Yorkshire firm, which announced huge expansion plans in its home county when record results were announced last month, has instructed joint broker UBS.
It will repurchase up to £125 million of shares between now and July 29, while seeking further shareholder authorisation at the 2022 annual meeting, scheduled for May 12.
