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Anglo-Eastern Plantations Launches £5 Million Share Buyback Programme

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Anglo-Eastern Plantations Launches £5 Million Share Buyback Programme

Anglo Eastern Plantations ( (GB:AEP) ) just unveiled an announcement.

Anglo-Eastern Plantations Plc announced the launch of a share buyback programme to repurchase up to £5 million of its ordinary shares. This initiative, managed by Panmure Liberum Limited, aims to optimize the company’s capital structure and is expected to be conducted in compliance with relevant market regulations, potentially impacting the company’s stock liquidity and shareholder value.

More about Anglo Eastern Plantations

Anglo-Eastern Plantations Plc is a company that owns, operates, and develops plantations in Indonesia and Malaysia, focusing on the agricultural sector.

YTD Price Performance: 9.48%

Average Trading Volume: 11,838

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £281.9M

See more data about AEP stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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