Capricorn Energy Reduces Shares Through Buyback Program

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

Capricorn Energy PLC has announced the repurchase of 10,474 of its ordinary shares, as part of its ongoing share buyback program. The buyback, executed through BofA Securities, is part of a strategy that has seen the company purchase over 8.5 million shares since May 2023. This move reduces the total ordinary shares in issue to 70.7 million, potentially increasing shareholder value.

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