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Gulf Keystone Announces Share Buyback Progress
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Gulf Keystone Announces Share Buyback Progress

Gulf Keystone Petroleum (GB:GKP) has released an update.

Gulf Keystone Petroleum Ltd., a key player in the Kurdistan Region’s oil industry, has reported the purchase of 125,000 of its common shares as a part of its share buyback program, executed through Canaccord Genuity Limited on the London Stock Exchange. These shares, acquired at prices ranging from 146.10 to 150.00 pence each, will be cancelled, leaving the company with 219,029,194 shares carrying voting rights. Shareholders can use this current share count as the denominator for any required notifications of interest changes under the FCA’s rules.

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

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