Capricorn Energy PLC (GB:CNE) has released an update.
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Capricorn Energy PLC has announced a recent buyback of 8,593 ordinary shares across various trading venues, with a total cost of their ongoing share repurchase program reaching £19.83 million. This move reduces the total number of shares in circulation to 70,595,236, potentially impacting shareholder voting rights. Such strategic buybacks can influence stock prices and investor interest, highlighting Capricorn’s proactive financial management.
For further insights into GB:CNE stock, check out TipRanks’ Stock Analysis page.