Gulf Keystone Petroleum (GB:GKP) has released an update.
Gulf Keystone Petroleum Ltd., an independent oil producer in the Kurdistan Region of Iraq, has reported the purchase of 25,000 of its own common shares as part of its share buyback program, with the transactions conducted through Canaccord Genuity Limited on the London Stock Exchange. Following the repurchase, the shares will be cancelled, leaving the company with 218,879,194 shares carrying voting rights. This move may influence shareholder calculations regarding their interest in the company under the FCA’s Disclosure Guidance and Transparency Rules.
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