Capricorn Energy PLC (GB:CNE) has released an update.
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
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.
