-+ 0.00%
-+ 0.00%
-+ 0.00%

Naked Wines Plans Up to GBP6 Million Share Buyback

MT Newswires·11/06/2026 03:54:40
Listen to the news
03:54 AM EST, 11/06/2026 (MT Newswires) -- Naked Wines (WINE.L) plans to repurchase between 2 million pounds sterling and 5.7 million pounds of its ordinary shares at a fixed price of 0.80 pound each. The British online wine retailer may repurchase up to 7.1 million shares, or 10.72% of its issued share capital, according to a Friday release. The offer price represents a 27% premium to the closing share price of 0.63 pound apiece before the announcement. Completion is scheduled for Dec. 16, subject to shareholder approval.