Capricorn Energy PLC (GB:CNE) has released an update.
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Capricorn Energy PLC has repurchased a total of 15,147 shares for cancellation across various trading venues, including the London Stock Exchange and Chi-X, as part of its ongoing share buyback programme. The buyback, which has been ongoing since May 2023, has so far cost the company £19.7 million, reducing the total issued shares to 70,661,047. This move is part of Capricorn’s strategy to enhance shareholder value and manage its capital structure effectively.
For further insights into GB:CNE stock, check out TipRanks’ Stock Analysis page.
