Home Retail Buys Back 125,000 Own Shares To Cancel

12th Jul 2010 17:45

LONDON (Dow Jones)--Home Retail Group PLC (HOME.LN), a home and general merchandise retailer, said Monday that it has purchased 125,000 ordinary shares of 10 pence each, and said the purchased shares will be cancelled. MAIN FACTS: -Highest price paid per share 226.50 pence -Lowest price paid per share: 223.80 pence -This has been funded from Group cash resources. -Shares at 1645 GMT down 0.80 pence, or 0.35%, at GBP225.50 pence, valuing the company at GBP1.91 billion. -By Razak Musah Baba, Dow Jones Newswires; 44-20-7842-9275; [email protected] (END) Dow Jones Newswires July 12, 2010 12:45 ET (16:45 GMT)