Dalata Hotel (GB:DAL) has released an update.
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Dalata Hotel Group has repurchased 55,759 of its own shares at an average price of €4.4526 as part of its ongoing share buyback programme. This move, which will see the repurchased shares canceled, is aimed at optimizing the company’s capital structure and enhancing shareholder value. Following this transaction, the total number of voting rights in Dalata stands at 213,387,931.
For further insights into GB:DAL stock, check out TipRanks’ Stock Analysis page.