Virgin Wines UK Completes Share Buyback

Virgin Wines UK PLC (GB:VINO) has released an update.

Virgin Wines UK PLC, a leading direct-to-consumer online wine retailer, has recently executed a share buyback programme, purchasing 8,439 of its own ordinary shares at a price of 46.50 pence per share. Following the transaction, the number of outstanding shares has been adjusted to 55,661,670, with the repurchased shares being held in treasury. This strategic move is part of the company’s effort to manage its capital and provide value to its shareholders.

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