Nanoco Group Executes Share Buyback Plan
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Nanoco Group Executes Share Buyback Plan

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

Nanoco Group PLC, a leading developer of cadmium-free quantum dots, has announced the buyback of 176,356 ordinary shares at a uniform price of 14 pence each on August 21, 2024, under its share buyback program initiated in April 2024. The company plans to cancel these shares, resulting in a new total of 200,138,896 ordinary shares in issue, which also represents the updated total voting rights. This move is part of Nanoco’s ongoing efforts to manage its capital and create value for shareholders.

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

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