As part of its three-year share buy-back programme, Trinity Mirror has this year acquired 8.2 million shares for a total consideration of £52.7 million. In light of the cash now spent on acquiring shares and expenditure on acquisitions so far this year, the Company does not intend to acquire any further shares for the remainder of the year.
A further update on the share buy-back programme will be provided with the 2005 Preliminary Results on 2 March 2006.
The Board expects a satisfactory outcome for the year. A pre-close trading update will be provided on 15th December.