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Griffin Mining Executes Share Buyback Plan

Griffin Mining Executes Share Buyback Plan

Griffin Mining (GB:GFM) has released an update.

Griffin Mining Ltd has announced the acquisition of 57,416 of its own shares at 139.7 pence each to be held in treasury, as part of its Share Buyback Programme initiated earlier this year. This buyback affects the total number of shares in issue, now standing at 184,530,477, with investors advised to use 183,489,677 shares as the basis for any percentage calculations of their holdings. The move is part of the company’s ongoing efforts to manage its capital structure effectively.

For further insights into GB:GFM stock, check out TipRanks’ Stock Analysis page.

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