06:34 AM EDT, 07/22/2026 (MT Newswires) -- Redcentric (RCN.L) will repurchase 56,250,000 shares under its 90 million-pound-sterling tender offer at 1.6 pounds per share. Under the offer, the IT managed services provider has received tenders for 150,326,024 shares through a combination of shareholders' basic entitlements and excess applications, according to a Wednesday filing. The shareholders are expected to receive the proceeds by Aug. 4.

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