OSB Group PLC (GB:OSB) has released an update.
OSB Group PLC has actively repurchased 523,322 of its own shares across various trading platforms, with the intent to cancel these shares, as part of its share buyback program initiated on March 15, 2024. This move, executed through Jefferies International Limited, is aimed at reducing the number of shares in issue, thereby increasing the value of remaining shares. Following the transaction, the company will have 383,490,161 ordinary shares outstanding with an equivalent number of voting rights, as no shares are held in treasury.
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