Hydrogen Group Plc (AIM:HYDG) commences share repurchases on September 8, 2020. Under the offer the company will repurchase up to 19,105,406 shares, representing 56% of its issued share capital. The plan is subject to shareholders approval at the general meeting to be held on September 25, 2022.

The company has set September 25, 2020 as the record date for the offer. The repurchase will expire on September 30, 2020. As of May 14, 2020, the company had 34,334,927 shares in issue and 545,521 shares held in treasury.