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Greenhill increases size and price of share buyback

Move comes a fortnight after US advisory firm revealed its recapitalisation plan

Greenhill increases size and price of share buyback

US advisory firm Greenhill has upped the amount of stock it aims to buy back in a recapitalisation programme announced a fortnight ago by more than a fifth, and sweetened the price it is offering for the shares.

The firm has been grappling with slower-than-expected takeover activity this year, partly because of its focus on larger, international transactions than some of its rivals.

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