PPHE Hotel (GB:PPH) has released an update.
PPHE Hotel Group Limited, an international hospitality real estate company, has repurchased 3,543 of its ordinary shares for 1,400.00p each on July 16, 2024, as part of an ongoing share buy-back program initiated on July 10, 2024. Following this transaction, the company holds over 2.2 million shares in treasury out of more than 42 million shares in issue. The company, with a portfolio valued at £2.2 billion, operates under several brands including Park Plaza and art’otel, with an exclusive license from Radisson Hotel Group for Europe, the Middle East, and Africa.
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