PPHE Hotel (GB:PPH) has released an update.
PPHE Hotel Group Limited has actively repurchased 2,925 of its own shares on the London Stock Exchange at a uniform price of 1,410.00p per share, with the transaction being part of its ongoing share buy-back programme. The repurchased shares are now held in treasury, resulting in the company having a total of 2,283,668 treasury shares and 42,063,742 ordinary shares in issue. PPHE Hotel Group is known for its £2.2 billion real estate portfolio across Europe and its exclusive licensing agreement with the Radisson Hotel Group to operate Park Plaza branded hotels in various regions.
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