Caledonia Investments PLC (GB:CLDN) has released an update.
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Caledonia Investments PLC is seeking shareholder approval to remove the cap on the Concert Party’s interest in the company’s shares, allowing further share repurchases at a discount to net asset value. This move is intended to enhance shareholder value and address the significant undervaluation of its shares. The company has also improved its investor relations efforts to better reflect its long-term investment potential.
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