PPHE Hotel (GB:PPH) has released an update.
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PPHE Hotel Group Limited has announced the purchase of 11,375 of its own shares as part of its share buy-back programme, with shares being acquired at prices ranging from 1,230.00p to 1,235.00p. Following the transaction, the company now holds over 2.4 million shares in treasury. The move aligns with PPHE’s strategy to enhance shareholder value and coincides with its growth plan focusing on upscale city and leisure hospitality properties.
For further insights into GB:PPH stock, check out TipRanks’ Stock Analysis page.
