PPHE Hotel (GB:PPH) has released an update.
PPHE Hotel Group Limited has announced the buy-back of 1,371 of its own ordinary shares on the London Stock Exchange at prices ranging from 1,400.00p to 1,410.00p, with a volume-weighted average price of 1,406.32p per share. The repurchase is part of the company’s existing share buy-back program and follows a previously announced authorization. Post-transaction, PPHE holds over 2.2 million shares in treasury, with its portfolio valued at £2.2 billion.
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