Schroders PLC - London-based asset and wealth manager - Starts share buyback worth up to £20 million on Wednesday. The buyback will be run by Barclays Bank PLC and be completed by the end of December. The repurchased shares will be held in treasury to meet awards under Schroders’s employee share schemes, or otherwise will be cancelled to reduce capital.

Current stock price: 301.60 pence for £4.84 billion market capitalisation

12-month change: down 22%

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