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Caledonia Investments PLC ( (GB:CLDN) ) has shared an announcement.
Caledonia Investments PLC has repurchased 9,723 of its ordinary shares at an average price of 3837.73 pence per share, with plans to cancel them, which will adjust its share capital to 53,290,586 ordinary shares with voting rights. This move indicates Caledonia’s strategy to manage its capital structure and could potentially enhance shareholder value through a reduction in the number of shares available in the market.
More about Caledonia Investments PLC
Caledonia Investments PLC is a self-managed investment trust company involved in various sectors, providing exposure to a range of market segments through its diversified investment portfolio.
YTD Price Performance: 12.76%
Technical Sentiment Consensus Rating: Sell
Find detailed analytics on CLDN stock on TipRanks’ Stock Analysis page.
