Caledonia Investments PLC (GB:CLDN) has released an update.
Caledonia Investments PLC has announced the buyback and subsequent cancellation of 4,642 of its own shares, a move that reflects the company’s active management of its capital structure. The shares were acquired from Winterflood Securities Limited at 3480 pence per share, reducing the total number of issued shares with voting rights to 53,971,796. This transaction is part of Caledonia’s strategy to optimize shareholder value.
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