Caledonia Investments PLC ( (GB:CLDN) ) has issued an update.
Caledonia Investments PLC, a prominent investment trust, has executed a share buyback, purchasing 11,848 of its own ordinary shares at an average price of 3878.02 pence per share. This transaction, facilitated through J.P. Morgan Securities PLC, results in the cancellation of the purchased shares, adjusting the company’s issued share capital to 53,016,645 ordinary shares with voting rights. The buyback reflects Caledonia’s strategic capital management approach, potentially enhancing shareholder value and signaling confidence in the company’s financial health.
More about Caledonia Investments PLC
YTD Price Performance: 16.64%
Technical Sentiment Consensus Rating: Sell
See more data about CLDN stock on TipRanks’ Stock Analysis page.