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LCM Conducts Share Buyback to Bolster Value
Company Announcements

LCM Conducts Share Buyback to Bolster Value

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

Litigation Capital Management Limited (LCM) has executed a share buyback, with Canaccord Genuity Limited purchasing 22,000 of LCM’s ordinary shares on the London Stock Exchange as part of an ongoing Share Buyback Programme. The shares were bought at prices ranging from 112.00 to 112.50 pence per share, with Canaccord now holding about 2.47% of the company’s total share capital. This buyback initiative is aimed at reducing the volume of shares in the market and potentially increasing the value of remaining shares.

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

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