THE Edinburgh-based internet dating company Cupid is seeking to inject some life into its moribund share price by launching a multi-million pound buyback of its own paper.
Cupid said it is to hold a shareholder meeting on December 19 "to apply for shareholder approval for a share buyback programme of up to 10% of the issued share capital of the company".
With a market value around £150 million, this suggests Cupid could spend upwards of £15m on the exercise.
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