(Alliance News) – International Distribution Services PLC said on Friday that an agreement had been reached between Royal Mail and the Communication Workers Union, which it said “represents a good outcome for customers, employees and shareholders.” The London-based postal and delivery holding company, which includes Royal Mail and GLS, said …
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Royal Mail plc – Transaction in Own Shares. The Company announces that on 13 December 2021 it had purchased a total 183,506 of its ordinary shares of GBP0.01 each (the ‘ordinary shares’) on the London Stock Exchange, Cboe BXE and Cboe CXE, through the Company’s broker, Merrill Lynch International, as …
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Royal Mail and the Communication Workers Union (CWU) had been locked in a dispute over a 1.8 billion pound ($2.42 billion) restructuring plan, proposed by its former chief executive officer, Rico Back. The resistance led to Back resigning in May. “This agreement marks the end of our two year dispute …
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