Capricorn Energy PLC (GB:CNE) has released an update.
Capricorn Energy PLC has strategically repurchased 7,128 of its ordinary shares on various trading platforms, including the London Stock Exchange, as part of its ongoing share buyback program. This initiative, which has cost approximately £19.48 million to date, aims to optimize shareholder value by reducing the total number of shares in circulation to 70,759,175. The buyback reflects Capricorn’s commitment to enhancing shareholder returns and managing its capital effectively.
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