LCM Advances Share Buyback Initiative

Litigation Capital Management Limited (GB:LIT) has released an update.

Litigation Capital Management Limited (LCM), a global disputes financier, has announced the repurchase of 13,833 of its ordinary shares via Canaccord Genuity Limited on the London Stock Exchange, as part of an ongoing share buyback program that commenced in October 2023. Post-transaction, LCM’s total issued share capital stands at 116,073,894 ordinary shares, with Canaccord holding approximately 2.69% of this total. The buyback is part of a strategic effort to manage the company’s share capital, and further announcements are expected as the program proceeds.

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