M.P. Evans (GB:MPE) has released an update.
M.P. Evans Group PLC, a major player in the agribusiness sector, has just repurchased and immediately cancelled 4,930 of its own shares at a price of 856.63 pence per share, a move likely aimed at boosting shareholder value. Post cancellation, the total number of shares in issue stands at 52,981,084, all with equal voting rights, impacting the company’s total voting rights used by shareholders for notification requirements. This action was executed on the London Stock Exchange via Cavendish Capital Markets Limited, the company’s broker.
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