Redde Northgate plc (LSE:REDD) announces a share repurchase program. Under the program, the company will repurchase up to £30 million worth of its common stock pursuant to an agreement with Numis Securities Limited. The repurchased shares will be held in treasury.

The purpose of the Share Buyback Program is to reduce the capital of the Company. The program is expected to be completed by July 28, 2024.