Big Technologies PLC (GB:BIG) has released an update.
UK-based Big Technologies PLC has announced a share buyback program, initiating the repurchase of up to 5,000,000 Ordinary Shares, valued at approximately £5.9 million, with the program set to run until the company’s 2025 Annual General Meeting or until the maximum number of shares are acquired. The board believes this move, managed independently by Zeus Capital Limited, aligns with shareholder interests, reflecting a robust financial state and a balanced approach to capital allocation. Repurchased shares may be cancelled or held, but will not be entitled to dividends or voting rights, and the buyback adheres to current market abuse regulations.
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