Share repurchase programme
7 October 2019 - Experian plc (the "Company"), the global information services company, hereby notifies the market that, in continuation of the US$400 million share repurchase programme announced by the Company on 15 May 2019, it has entered into an irrevocable and non-discretionary arrangement with its broker, J.P. Morgan Securities plc, to purchase on its behalf and within certain pre-set parameters, ordinary shares of 10 US cents each in the Company in the period from 7 October 2019 up to and including 11 November 2019. The Company's Half-yearly financial report is scheduled for release on 12 November 2019.
The shares purchased will be cancelled.
This arrangement is in accordance with Chapter 12 of the UK Listing Authority Listing Rules and the Company's general authority to repurchase shares conferred by the Company's shareholders at the Company's annual general meeting held on 24 July 2019. The purpose of the share repurchase programme is to continue to allocate surplus cash to reduce the capital of the Company, in line with the Group's capital framework.
Deputy Company Secretary
+353 (0) 1 846 9128
Experian is the world's leading global information services company. During life's big moments - from buying a home or a car, to sending a child to college, to growing a business by connecting with new customers - we empower consumers and our clients to manage their data with confidence. We help individuals to take financial control and access financial services, businesses to make smarter decisions and thrive, lenders to lend more responsibly, and organisations to prevent identity fraud and crime.
We have 17,200 people operating across 44 countries and every day we're investing in new technologies, talented people and innovation to help all our clients maximise every opportunity. We are listed on the London Stock Exchange (EXPN) and are a constituent of the FTSE 100 Index.
Neither the content of the Company's website, nor the content of any website accessible from hyperlinks on the Company's website (or any other website), is incorporated into, or forms part of, this announcement.