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Camellia Plc Executes Share Buyback to Adjust Capital Structure

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Camellia Plc Executes Share Buyback to Adjust Capital Structure

Camellia ( (GB:CAM) ) has provided an update.

Camellia Plc, a company involved in a share buyback program, announced the purchase of 360 of its ordinary shares at a consistent price of £47.80 per share. This transaction is part of their ongoing strategy to manage the company’s capital structure. The repurchased shares will be canceled, reducing the total number of shares in issue to 2,814,734, with 62,500 shares held in treasury. This adjustment will affect the total voting rights for shareholders, which will now stand at 2,752,234. The buyback is in compliance with UK regulations and involves Panmure Liberum Limited as the broker.

More about Camellia

YTD Price Performance: -1.05%

Average Trading Volume: 836

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £129.6M

See more data about CAM stock on TipRanks’ Stock Analysis page.

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