Capricorn Energy PLC (GB:CNE) has released an update.
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Capricorn Energy PLC has strengthened its financial position by repurchasing 7,094 of its ordinary shares for cancellation, as part of an ongoing share buyback program. This strategic move, executed through BofA Securities, aims to enhance shareholder value by reducing the number of shares in circulation. Since the program’s inception, Capricorn has invested over £19 million in repurchasing shares.
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