Greencoat UK Wind (GB:UKW) has released an update.
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Greencoat UK Wind has repurchased 249,338 of its ordinary shares as part of its ongoing share buyback program, with prices ranging from 125.90p to 127.10p per share. This strategic move aims to optimize shareholder value by reducing the number of shares in circulation, potentially boosting earnings per share. The repurchased shares will be held in treasury, bringing the total held to 48,854,724.
For further insights into GB:UKW stock, check out TipRanks’ Stock Analysis page.