Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Anglo Eastern Plantations ( (GB:AEP) ) has shared an update.
Anglo-Eastern Plantations PLC announced the purchase of 2,000 ordinary shares as part of its ongoing share buyback programme, with each share purchased at a price of 727 GBp. This transaction increases the total number of shares held in treasury to 560,650, which do not carry voting rights, while the total number of voting rights in the company stands at 39,415,622. The buyback is part of a broader strategy to manage the company’s capital structure and potentially enhance shareholder value.
More about Anglo Eastern Plantations
Anglo-Eastern Plantations PLC operates in the agricultural industry, focusing primarily on the cultivation, production, and processing of palm oil and rubber. The company is engaged in plantation management and is a significant player in the palm oil market.
YTD Price Performance: 8.87%
Average Trading Volume: 13,892
Technical Sentiment Signal: Strong Sell
Current Market Cap: £280.7M
See more data about AEP stock on TipRanks’ Stock Analysis page.