Caledonia Investments PLC ( (GB:CLDN) ) has shared an update.
Caledonia Investments PLC, a prominent investment trust company, announced the repurchase of 8,145 of its own ordinary shares at an average price of 3661.77 pence per share. This transaction, executed through J.P. Morgan Securities plc, will result in the cancellation of the purchased shares, thereby slightly reducing the company’s issued share capital to 52,874,553 ordinary shares with voting rights. The buyback reflects Caledonia’s strategic approach to managing its capital structure, potentially enhancing shareholder value and signaling confidence in its market position.
More about Caledonia Investments PLC
YTD Price Performance: 9.65%
Technical Sentiment Signal: Sell
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