Gulf Keystone Petroleum (GB:GKP) has released an update.
Gulf Keystone Petroleum Ltd., an independent oil producer in Kurdistan, has reported purchasing 60,000 of its own common shares as part of its buyback program initiated earlier this year. The shares were bought through Canaccord Genuity Limited on the London Stock Exchange, with the repurchased shares set to be cancelled, thus reducing the total number of shares with voting rights to 219,154,194. This move comes as part of the company’s strategy to enhance shareholder value.
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