Pebble Group PLC (GB:PEBB) has released an update.
The Pebble Group PLC has bought back 34,636 of its own shares at a uniform price of 0.53 GBp per share, as part of its share buyback program announced earlier on May 1, 2024. These shares are set to be cancelled, affecting the total number of voting rights in the company, which will stand at 166,703,792 post-settlement. The repurchase move demonstrates the company’s intent to manage its capital structure and deliver shareholder value.
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