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Home Retail: world's worst share buy back - October 2011

There's a new contender today for the title of worst share buy-back. It comes from Home Retail Group, owner of Argos and Homebase. Profits down – yet again. Why did Argos and Homebase group spend £150m on its own shares last year?

20 October 2011
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Thank you for the excellent presentation that you gave at Woodbury Park on Thursday morning. It was very interesting and thought-provoking for our Retail members. The feedback has been excellent.

Martin Elliott. Chief Executive - Home Hardware.

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