i3 Energy Plc (GB:I3E) has released an update.
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i3 Energy Plc, an oil and gas company with operations in the UK and Canada, has announced a share capital reduction, resulting in distributable reserves and enhancing the company’s flexibility to pay dividends or return value to shareholders. The reduction does not affect the nominal value or the number of issued shares, nor does it impact the company’s underlying net assets.
For further insights into GB:I3E stock, check out TipRanks’ Stock Analysis page.
