Majestic Share Pounds 20m Windfall

Daily MailNovember 14, 2006

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Summary


THE market raised a glass to Majestic Wine, which is returning Pounds 20m of spare cash to investors by way of a share buyback.

The retailer (up 91/2p to 324p) said a surge in sales of fine wines added fizz to first half pretax profits, up 17pc to Pounds 6.5m.

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Majestic Share Pounds 20m Windfall

But the euphoria could ...

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