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Nanoco Group Advances Share Buyback Plan
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Nanoco Group Advances Share Buyback Plan

Nanoco Group plc (GB:NANO) has released an update.

Nanoco Group PLC, a leader in the development of cadmium-free quantum dots, has announced the buyback of 262,599 of its ordinary shares at a uniform price of 18.85 pence each, as per the company’s share buyback program initiated on April 11, 2024. The repurchased shares will be cancelled, resulting in a revised total of 207,165,032 shares in issue, with 193,402,810 shares carrying voting rights. This move aligns with the company’s strategy to enhance shareholder value and is part of its larger commitment to advancing its patented nanomaterial technologies.

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

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