Like dividends, share buybacks are a means of rewarding shareholders, allowing them to own more of the business.
It disappointed investors in its last set of quarterly results when sales and profits came in lower than expected.
Whitehead spooked investors by cashing in around half his stake. THG shares are now worth about a quarter of their 500p IPO price.
Blanc said working mothers who take on the brunt of childcare duties could miss out if they are at their desks less often than their male peers.
The start-up delivery app, and rivals including Gorillas, Weezy and Getir, are battling for customers who want their shopping to their door in as little as ten minutes.
Gavin Black was convicted of wire fraud and conspiracy in 2018 along with his New-York based colleague Matthew Connolly.
The company said in an update that profits in the year to November 30 rose seven-fold to £1.1billion. Overall sales rose 6 per cent to £15.8billion.
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The burden shouldn’t be on you to draw boundaries, but you will have to do it.
Tesco supplier says it needs to cut 77 jobs after review of business
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Departure represents latest changing of the guard at the top of the private equity industry