Baltic Classifieds Group Plc (GB:BCG) has released an update.
Baltic Classifieds Group PLC has actively engaged in bolstering shareholder value by purchasing 24,233 of its own ordinary shares for cancellation, with prices ranging from 231.5p to 239.5p per share. This buyback has left the company with 488,842,641 shares in issue, directly affecting the voting rights and potential shareholder notifications as per the FCA’s rules. The transaction details, executed through Merrill Lynch International, demonstrate the company’s direct intervention in the market to manage its share capital.
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