British bookmaker William Hill has announced a £200m sharebuyback and hiked its full-year dividend, despite a fall in profit for the year.
The company said it intended to pay about half of its adjusted earnings in dividends to shareholders in the future, from about 40% earlier.
William Hill said its operating profit for 2015 fell 22% to £291.4m, hurt by increased taxes on its UK online and retail units.
The company also said today it was committed to extending the national living wage of £7.20 per hour to all employees including over 18s from April 1.
