An update from Caledonia Investments PLC ( (GB:CLDN) ) is now available.
Caledonia Investments PLC has announced the purchase and subsequent cancellation of 24,176 of its own ordinary shares at an average price of 3879.31 pence per share. This transaction, executed through J.P. Morgan Securities, reflects Caledonia’s ongoing strategy to manage its share capital effectively, potentially enhancing shareholder value by reducing the number of shares in circulation.
More about Caledonia Investments PLC
Caledonia Investments PLC is a self-managed investment trust company that operates in the financial services industry. It primarily focuses on long-term investments in both listed and private companies across a range of sectors, including consumer, healthcare, and industrials, aiming to deliver consistent returns to its stakeholders.
YTD Price Performance: 13.17%
Technical Sentiment Consensus Rating: Sell
Learn more about CLDN stock on TipRanks’ Stock Analysis page.