Capricorn Energy PLC (GB:CNE) has released an update.
Capricorn Energy PLC has recently reported a substantial share buyback, purchasing 10,654 of its own shares across different trading venues, for a total cost nearing £18.7 million. Following the buyback, the company has canceled these shares, leading to a new total of 71,130,626 ordinary shares and equivalent voting rights. This strategic move is designed to optimize shareholder value and may influence shareholders’ notifications regarding their interest in the company.
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