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Welcome comeback for SMG

Shares in SMG surged more than 10% yesterday in a small but welcome comeback after the Glasgow-based Scottish media group revealed plans to buy back up to £30m of stock through a tender offer.

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MARK SMITH, Deputy Business Editor

Shares in SMG surged more than 10% yesterday in a small but welcome comeback after the Glasgow-based Scottish media group revealed plans to buy back up to £30m of stock through a tender offer.