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Steppe Cement Announces Capital Repayment Plan
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Steppe Cement Announces Capital Repayment Plan

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The latest announcement is out from Steppe Cement ( (GB:STCM) ).

Steppe Cement Limited has announced the details of its upcoming capital repayment, which follows a previous announcement made on December 6, 2024. This repayment, amounting to USD 4.2 million in total, will be distributed in GBP, equating to approximately 1.5 pence per ordinary share. The record date for this capital repayment is set for December 17, 2024, with payment scheduled for December 31, 2024. This financial decision may impact the company’s shareholder earnings and market value, potentially influencing investor perceptions and market positioning.

More about Steppe Cement

YTD Price Performance: -27.60%

Average Trading Volume: 89,342

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £35.04M

For detailed information about STCM stock, go to TipRanks’ Stock Analysis page.

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