Dowlais Group plc (LSE:DWL) announces a share repurchase program. Under the program the company has entered into non-discretionary instructions with Investec Bank plc to repurchase up to 139,327,352 shares for £50 million. The purpose of the Program is to reduce company's share capital.

The repurchased shares will be cancelled. The repurchases will commence from today and will be valid till March 31, 2025.