Gulf Keystone Petroleum (GB:GKP) has released an update.
Gulf Keystone Petroleum Ltd. has executed a share buyback, purchasing 125,000 of its own shares on the London Stock Exchange as part of a previously announced buyback program. The shares were bought at prices ranging from 142.80 to 143.50 pence, and after cancellation, the company will have 218,004,194 shares in issue. This recent activity falls under the company’s strategy to enhance shareholder value and may affect shareholders’ calculations for disclosing their interest in the company.
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