Nanoco Group plc (GB:NANO) has released an update.
Nanoco Group PLC, a leader in cadmium-free quantum dot production, has actively repurchased 300,540 of its shares on July 29, 2024, as part of a share buyback program initiated on April 11, 2024. The shares were purchased at a uniform price and are set to be cancelled, which will leave the company with 202,571,497 shares remaining. This move could potentially affect shareholders’ stakes in the company and reflects Nanoco’s strategic financial management.
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