Serica Energy Advances Growth with Share Buyback

Serica Energy (GB:SQZ) has released an update.

Serica Energy PLC, a British oil and gas company, has announced the purchase of 243,599 of its own ordinary shares as part of its share buyback programme, with shares to be held in treasury. The company, which contributes around 5% of the UK’s natural gas production, carried out the transaction through Peel Hunt LLP with the aim of investing in its growth strategy, which includes both portfolio investment and mergers and acquisitions.

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