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Dalata Hotel ( (GB:DAL) ) has shared an update.
Dalata Hotel Group PLC announced the repurchase of 98,510 ordinary shares as part of its ongoing share buyback program, with the intention to cancel these shares. This action may impact the company’s share capital and could influence shareholder value by reducing the total number of shares in circulation, thereby potentially increasing the value of remaining shares.
More about Dalata Hotel
Dalata Hotel Group PLC is the largest hotel operator in Ireland, with a growing presence in the United Kingdom and Continental Europe. The company focuses on providing hospitality services through its extensive network of hotels across these regions.
YTD Price Performance: -2.08%
Average Trading Volume: 72,888
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £822.4M
Learn more about DAL stock on TipRanks’ Stock Analysis page.