LONDON – British sportswear and fashion group Frasers plans to start a new share buyback programme of up to 70 million pounds ($92.6 million), it said on Monday.
The group, formerly called Sports Direct and controlled by Mike Ashley, said the programme would run until April 2022.
Ashley owns about 66% of the group’s equity.
($1 = 0.7560 pounds)
(Reporting by James Davey; editing by Jason Neely)