tiprankstipranks
Company Announcements

Capricorn Energy PLC Concludes Share Buyback

Capricorn Energy PLC Concludes Share Buyback

Capricorn Energy PLC (GB:CNE) has released an update.

Capricorn Energy PLC has announced the purchase and subsequent cancellation of 24,291 of its own ordinary shares through Merrill Lynch International, part of a share repurchase program initiated on May 4, 2023. This move has cost the company a total of £17,574,651 to date and leaves 71,681,804 shares in issue, a figure important for shareholders’ calculations concerning their stake in the company. No further share buybacks have been detailed, but the recent transactions underscore Capricorn’s active management of its share capital.

For further insights into GB:CNE stock, check out TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App