Greencoat UK Wind (GB:UKW) has released an update.
Greencoat UK Wind PLC, as part of its share buyback program announced last year, has repurchased 295,222 of its ordinary shares, ranging in price from 137.60 to 139.60 pence each. The shares will be held in treasury, and after this transaction, the company has 37,284,113 shares in treasury and 2,270,164,543 shares in issue excluding treasury shares. This move could potentially signal the company’s confidence in its own stock value and financial stability.
For further insights into GB:UKW stock, check out TipRanks’ Stock Analysis page.
