Capricorn Energy PLC (GB:CNE) has released an update.
Capricorn Energy PLC has actively engaged in a share buyback program, repurchasing 19,717 of its ordinary shares across different trading venues at varying prices, leading to a total of 8,018,762 shares bought back at an aggregate cost of £18,485,157. The repurchased shares are to be cancelled, which will adjust the total number of shares in issue and total voting rights to 71,219,976. This strategic move aims to enhance shareholder value and is part of an ongoing arrangement with BofA Securities.
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