Calima Energy Executes Significant Share Buy-Back

Calima Energy Ltd (AU:CE1) has released an update.

Calima Energy Ltd has cancelled 117,721,051 ordinary fully paid securities as part of an equal access scheme buy-back. This move is aimed at optimizing the company’s capital structure and could potentially impact its stock performance. Investors may want to keep an eye on how this buy-back influences Calima Energy’s market valuation.

For further insights into AU:CE1 stock, check out TipRanks’ Stock Analysis page.