Capricorn Energy PLC (GB:CNE) has released an update.
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Capricorn Energy PLC has taken decisive action to bolster its financial position by purchasing and canceling 8,746 of its ordinary shares across multiple trading venues, as part of a broader buyback program. This strategic move, initiated in June 2024, has seen the company invest nearly £19.9 million in repurchasing over 8.6 million shares to date. Post-cancellation, Capricorn’s total shares in issue stand at 70,575,690, influencing voting rights and shareholder interests.
For further insights into GB:CNE stock, check out TipRanks’ Stock Analysis page.
