Sir Ian Wood's family and charities are selling most of their £400m stake in Wood Group, the oil services company, as part of a £1bn share buy-back programme.
Wood Group is returning more than £1bn to its shareholders through the scheme, after selling its well support division to GE Energy last month.
Wood Group is returning more than £1bn to its shareholders through the scheme, after selling its well support division to GE Energy last month.