Shares 

Daily Mail unveils £100m of share buy-backs

Adjust for one-off items - amortisation and goodwill and £114.4m of gains from selling Evanta and Digital Property Group - and Daily Mail and General Trust's (DMGT) full-year pre-tax profit grew by a solid 10 per cent year on year to £255m. Management also announced a £100m share buy-back programme, while strong cash flow and disposal proceeds allowed the debt pile to be cut by £106m.

To continue reading, register today

to enjoy limited access to the following:

  • Daily trading news
  • Funds coverage
  • Features on big investment themes
  • Comprehensive companies coverage
  • Economic analysis
Register
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now