Travis Perkins (LSE:TPK) PLC has confirmed a 35p special dividend and a buyback programme of shares following completion of the disposal of its Plumbing & Heating business for £325mln.
The special dividend, costing £79mln, will be paid on 5 November to those holding the shares on 1 October, while the first tranche of the buyback, worth £100mln, will also start on 1 October.