Somero Enterprises Inc (GB:SOM) has released an update.
Somero Enterprises Inc. has announced the purchase and upcoming cancellation of 10,006 Ordinary Shares at a price of 335 pence each, as part of its share buy-back program initiated on 8th March 2023. The company’s issued share capital will be 55,135,344 Ordinary Shares after the cancellation, with the total voting rights standing at 55,129,844. This move is aimed at returning value to shareholders and optimizing the company’s capital structure.
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