Capricorn Energy PLC (GB:CNE) has released an update.
Capricorn Energy PLC has recently repurchased 11,087 of its own shares across various trading venues for cancellation, as part of an ongoing share buyback program announced earlier. The total cost of the share buyback program to date has reached approximately £17.85 million, reducing the total number of ordinary shares and voting rights to 71,537,104. This strategic move is part of Capricorn’s efforts to manage its capital and could potentially signal confidence in the company’s financial health to investors.
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