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Gulf Keystone Completes Strategic Share Buyback
Company Announcements

Gulf Keystone Completes Strategic Share Buyback

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

Gulf Keystone Petroleum Ltd. has executed a share buyback on July 5, 2024, purchasing 125,000 of its own shares, within the scope of its previously announced share buyback programme. The shares, acquired at prices ranging from 141.90 to 145.00 pence each, are slated for cancellation, which will leave the company with 218,504,194 shares with voting rights. This move is part of the company’s effort to manage its capital and could be of interest to shareholders monitoring changes in company ownership stakes.

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

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