Gulf Keystone Petroleum (GB:GKP) has released an update.
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Gulf Keystone Petroleum Ltd., an independent operator in the Kurdistan Region of Iraq, has recently purchased 125,000 of its own common shares as part of its share buyback programme, with the transactions conducted on the London Stock Exchange. The repurchased shares are set to be cancelled, leading to a new total of 217,629,194 shares with voting rights in circulation. This action is part of the company’s ongoing efforts to manage its share capital effectively.
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