Reuters Group Plc - Purchase of Own Securities
London, 27 October 1999 - Reuters Group PLC announced that it today purchased for cancellation 4,716,981 of its ordinary shares at a price of 529.9933p per ordinary share from Hoare Govett's affiliate ABN AMRO Equities UK (Limited).
Reuters purchase forms part of an on-market share repurchase programme to return up to £200 million to shareholders over the next 18 months. Continuation of the programme beyond April 2000 will require, at the annual general meeting, a renewal of shareholders' authority for the company to buy back its own shares .
For further information please contact:
Geoff Wicks
Tel: 0171 542 8666
Director, Corporate Relations
geoff.wicks@reuters.com
Peter.V.Thomas
Tel: 0171 542 4890
Director, Media Relations
peter.v.thomas@reuters.com
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