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Hardy responds to Beazley withdrawal with share buy-back

barbara merry mar09

Hardy has revealed that the share buy-back programme announced on 26 November 2010 will now commence under existing authority from shareholders and will be administered by Peel Hunt.

It follows the announcement made yesterday by Beazley of the withdrawal of its possible offer.

The board would expect the company to buy back up to 2.7 million common shares of 20 pence each and will

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