Plaza Centers, the emerging markets property developer listed in London and Warsaw, has announced it has purchased just over 2 million of its shares at a price of between 43.5-46 pence (54-77 euro cents) per share. The buyback scheme was approved by shareholders at the annual general meeting in May.

Plaza Centers, the emerging markets property developer listed in London and Warsaw, has announced it has purchased just over 2 million of its shares at a price of between 43.5-46 pence (54-77 euro cents) per share. The buyback scheme was approved by shareholders at the annual general meeting in May.

Plaza said that the re-purchased shares are being held in treasury.

Following the purchase of the shares, there are more than 289 million Plaza shares in issue and a further 2.9 million in treasury.