PPHE Hotel (GB:PPH) has released an update.
PPHE Hotel Group Limited has announced the purchase of 3,862 of its own shares as part of its ongoing share buy-back program, with transactions conducted through the Broker, Jefferies International Limited. Following the repurchase, the company holds over 2.2 million shares in treasury out of the over 42 million shares issued. This initiative is part of PPHE’s broader strategy to grow its upscale and lifestyle hotel portfolio across Europe and other regions.
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