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Bigblu Broadband plc ( (GB:BBB) ) just unveiled an announcement.
Bigblu Broadband plc has announced a rescheduling of its court and general meetings related to a proposed capital return to shareholders through a tender offer. The new dates for the hearings are set for March 28 and April 8, 2025, respectively. This adjustment does not affect the overall timetable for the tender offer, which remains on track with key dates outlined for shareholder actions and announcements. The capital return initiative, involving the purchase of up to 15,250,000 ordinary shares, aims to enhance shareholder value and reflects the company’s strategic financial management.
More about Bigblu Broadband plc
Bigblu Broadband plc is a leading provider in the telecommunications industry, specializing in alternative super-fast and ultra-fast broadband services. The company focuses on delivering high-speed internet solutions to underserved and remote areas, enhancing connectivity for a broad range of customers.
YTD Price Performance: -5.80%
Average Trading Volume: 49,911
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £19.13M
See more insights into BBB stock on TipRanks’ Stock Analysis page.