Logistics Development Group (GB:LDG) has released an update.
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At a recent general meeting, Logistics Development Group’s shareholders approved a Share Buyback Resolution but rejected the Waiver Resolution, preventing the Share Buyback initially outlined in an August circular. The voting results revealed a considerable difference in shareholder support, with over 80% in favor of the Share Buyback and a significant majority against the Waiver Resolution. These decisions are likely to influence the company’s financial strategies and shareholder value.
For further insights into GB:LDG stock, check out TipRanks’ Stock Analysis page.