Sherry Fitzgerald purchases more shares

Estate agents Sherry FitzGerald has been back in the market today purchasing its own stock.

Estate agents Sherry FitzGerald has been back in the market today purchasing its own stock.

In a statement this morning, the company said it had bought 418,471 of its own ordinary shares at a price of €1.40 per share.

The company has bought and cancelled around 600,000 shares in the last month. It bought around 50,000 shares at a price of €1.39 per share on Friday.

Shares in Dublin closed up 1 cent at €1.40 yesterday and up 27 per cent since the company upgraded its profit 2002 forecasts on November 19th.