Nanoco Group plc (GB:NANO) has released an update.
Nanoco Group PLC, a leader in cadmium-free quantum dots and nanomaterials, has bought back 258,114 of its ordinary shares as part of its previously announced share buyback program, with the intention of cancelling them to manage its share capital. The repurchase was executed at a uniform price of 15.787 pence per share, consequently reducing the total number of ordinary shares in issue and voting rights to 204,172,599. This move reflects the company’s ongoing efforts to deliver value to its shareholders while maintaining a robust capital structure.
For further insights into GB:NANO stock, check out TipRanks’ Stock Analysis page.
