Schroders Buys Back 17,000 Own Shares

14th Jul 2010 17:34

LONDON (Dow Jones)--Schroders PLC (SDR.LN), said Wednesday that it acquired 17,000 of its non-voting ordinary shares at an average price of 1036.392882 pence per share. MAIN FACTS: -The purchased shares will all be held as treasury shares. -Shares at 1630 GMT down 15.0 pence, or 1.20%, at GBP1233 pence, valuing the company at GBP2.78 billion. -By Razak Musah Baba, Dow Jones Newswires; 44-20-7842-9275; [email protected] (END) Dow Jones Newswires July 14, 2010 12:34 ET (16:34 GMT)