Eurocell (GB:ECEL) has released an update.
Eurocell plc has successfully completed a share buyback, purchasing 263,374 of its ordinary shares at a uniform price of 130 pence each, which will lead to the cancellation of the acquired shares. The buyback reduces the company’s issued share capital to 104,963,187 ordinary shares, excluding treasury shares, aligning the total number of voting rights with this figure. This strategic move is part of the company’s capital management strategy and may influence shareholder notification obligations under the Financial Conduct Authority’s rules.
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