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Camellia PLC Executes Share Buyback to Optimize Capital Structure

Story Highlights

Camellia ( (GB:CAM) ) has shared an announcement.

Camellia PLC has executed a share buyback program, purchasing 220 of its ordinary shares at a price of £44.73 each. This transaction, conducted through Panmure Liberum Limited, will result in the cancellation of the repurchased shares, reducing the total number of shares in issue to 2,811,019 and adjusting the total voting rights to 2,748,519. This move is part of the company’s ongoing efforts to manage its capital structure and enhance shareholder value.

More about Camellia

Camellia PLC operates in the agricultural sector, primarily focusing on the production and distribution of tea, macadamia nuts, avocados, and other horticultural products. The company has a significant presence in the global market for these commodities, leveraging its extensive agricultural expertise and resources.

YTD Price Performance: -6.09%

Average Trading Volume: 578

Technical Sentiment Signal: Strong Buy

Current Market Cap: £122.9M

Find detailed analytics on CAM stock on TipRanks’ Stock Analysis page.

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