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Vianet Group PLC Adjusts Share Capital Through Buyback
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Vianet Group PLC Adjusts Share Capital Through Buyback

Vianet Group plc (GB:VNET) has released an update.

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Vianet Group PLC has repurchased 20,000 of its own shares at a price of 105 pence each, which will be canceled to adjust the company’s share capital. This move leaves the company with a total of 29,418,164 voting shares, providing shareholders with a revised basis for calculating their ownership stakes. The transaction was executed on the London Stock Exchange, reflecting Vianet’s ongoing commitment to managing its capital structure.

For further insights into GB:VNET stock, check out TipRanks’ Stock Analysis page.

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