Greencoat UK Wind (GB:UKW) has released an update.
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Greencoat UK Wind PLC has executed a share buyback, acquiring 255,816 ordinary shares at an average price of 126.75 pence as part of its ongoing program. These shares will be held in treasury, bringing the total number of treasury shares to over 48 million. This move could be seen as a strategy to enhance shareholder value and optimize the company’s capital structure.
For further insights into GB:UKW stock, check out TipRanks’ Stock Analysis page.