Capricorn Energy Enhances Share Value with Buyback

Capricorn Energy PLC (GB:CNE) has released an update.

Capricorn Energy PLC has recently repurchased 9,024 of its ordinary shares at an average price of £214.00 per share for cancellation, as part of its ongoing share buyback program. Since the program’s announcement in May 2023, the company has bought back a total of 8,680,399 shares, amounting to a cost of £19.9 million. This repurchase reduces the total number of shares in issue to 70,558,339, potentially impacting shareholder voting rights.

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