By Michael Susin
Staffline Group said it has launched a share-buyback program without disclosing financial details.
The U.K. recruitment-and-training company on Wednesday said it expects to buy up to 3.9 million shares. This implies a total estimate of 1.0 million pounds ($1.2 million) considering Tuesday’s share closing price of 26.0 pence a share.
The purchased shares will be cancelled, it added.
Write to Michael Susin at michael.susin@wsj.com
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