LONDON (dpa-AFX) - Marks and Spencer Group plc. (MKS.L) said that it will commence a share repurchase programme of Marks & Spencer's ordinary shares of 25 pence each up to a maximum consideration of 90 million pounds.
The company noted that it has entered into an irrevocable, non-discretionary arrangement with Morgan Stanley & Co. International PLC to enable the purchase of Ordinary Shares during the period running from 8th July 2015 and ending no later than 4th December 2015, therefore running through Marks & Spencer's close period of 28th September 2015 to 3rd November 2015.
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