Gulf Keystone Petroleum (GB:GKP) has released an update.
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Gulf Keystone Petroleum Ltd., a key operator in the Kurdistan Region of Iraq, has recently executed a share buyback, purchasing 91,002 common shares at a volume weighted average price of 138.38 pence per share. Following the transaction, the company will cancel the repurchased shares, resulting in a total of 217,538,192 shares with voting rights in issuance. This move is part of Gulf Keystone’s Buyback Programme, initially announced in May and June 2024, demonstrating the company’s ongoing efforts to manage its share capital.
For further insights into GB:GKP stock, check out TipRanks’ Stock Analysis page.