Home Retail Buys Back 0.7M Shares

14th Jun 2010 17:12

LONDON (Dow Jones)--Home Retail Group PLC (HOME.LN) said Monday it purchased 700,000 Ordinary shares of 10 pence each. MAIN FACTS: -Highest price paid per share: 234.50 pence -Lowest price paid per share: 230.15 pence -The purchase, including stamp duty and other transaction costs, represented an average price of 231.34 pence per share and GBP1.62 million in total; this has been funded from Group cash resources. -The purchased shares will be cancelled. -Shares closed Monday at 231.5 pence. -By Iain Packham, Dow Jones Newswires; 44-20-7842-9269; [email protected] (END) Dow Jones Newswires June 14, 2010 12:12 ET (16:12 GMT)