tiprankstipranks
Dalata Hotel Executes Share Buyback to Optimize Capital Structure
Company Announcements

Dalata Hotel Executes Share Buyback to Optimize Capital Structure

Story Highlights

Don't Miss Our Christmas Offers:

The latest update is out from Dalata Hotel ( (GB:DAL) ).

Dalata Hotel Group PLC announced the repurchase of 27,950 ordinary shares as part of its ongoing share buyback program. This strategic move, executed through Euronext Dublin, aims to cancel the repurchased shares, potentially impacting the company’s share capital structure and voting rights, which now total 212,903,226. This initiative reflects Dalata’s efforts to manage its capital and optimize shareholder value.

More about Dalata Hotel

Dalata Hotel Group PLC is the largest hotel operator in Ireland, with an expanding presence in the United Kingdom and Continental Europe. The company primarily focuses on operating and managing hotels, delivering hospitality services across these regions.

YTD Price Performance: 0.65%

Average Trading Volume: 89,257

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £827.9M

See more data about DAL stock on TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskUBS Increases Stake in Dalata Hotel Group
TipRanks UK Auto-Generated NewsdeskDalata Hotel Group Executes Share Buyback, Alters Voting Rights
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