PPHE Hotel (GB:PPH) has released an update.
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PPHE Hotel Group Limited has actively engaged in its share buy-back programme, purchasing 11,462 of its ordinary shares for 1,210.00p each, which will now be held in treasury. This move is part of the company’s ongoing strategy to optimize shareholder value and was carried out through Jefferies International Limited. After this transaction, PPHE now holds over 2.4 million shares in treasury, with the total number of ordinary shares in issue (excluding treasury shares) standing at approximately 41.9 million.
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