Stagecoach Plans Cash Back After Profits Rise

Summary


Stagecoach plans to return pounds 250 million to shareholders after announcing a 6.2 per cent rise in annual profits.

The group said falling debts and disposal of much of its North American coach business would allow the return of capital equivalent to 18p a share.

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Stagecoach Plans Cash Back After Profits Rise

It said the move would create a more efficient capital structure whilst giving it enough ...

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