Capricorn Energy PLC (GB:CNE) has released an update.
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Capricorn Energy PLC has recently executed a share repurchase, buying back 17,701 of its own shares across multiple trading venues at an average price of 215.92 GBP per share, with the intention of cancelling them. This latest transaction is part of an ongoing share buyback programme that has seen the company spend £19,388,071 to date, reducing the total number of ordinary shares in issue to 70,800,572. The move is anticipated to affect the shareholders’ voting rights, as detailed in the company’s latest financial disclosure.
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