Virgin Wines UK PLC (GB:VINO) has released an update.
Virgin Wines UK PLC, a leading direct-to-consumer online wine retailer, has executed a share buyback program, purchasing 9,169 of its own ordinary shares at a price of 46.35 pence each. These shares will be held in treasury, reducing the number of shares in circulation and potentially increasing the value of remaining shares. The buyback reflects management’s confidence in the company’s value and future prospects.
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