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An announcement from Caledonia Investments PLC ( (GB:CLDN) ) is now available.
Caledonia Investments PLC has announced the repurchase of 10,640 of its own ordinary shares at an average price of 3760.70 pence per share, as facilitated by J.P. Morgan Securities PLC. This share buyback will lead to the cancellation of the repurchased shares, thereby reducing the total number of ordinary shares with voting rights to 53,384,314. The move is part of Caledonia’s ongoing capital management strategy, potentially enhancing shareholder value by consolidating ownership and improving earnings per share.
More about Caledonia Investments PLC
YTD Price Performance: 9.81%
Technical Sentiment Consensus Rating: Strong Sell
See more data about CLDN stock on TipRanks’ Stock Analysis page.