Capricorn Energy’s Strategic Share Buyback Initiative
Company Announcements

Capricorn Energy’s Strategic Share Buyback Initiative

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

Capricorn Energy PLC has taken decisive action to bolster its financial position by purchasing and canceling 8,746 of its ordinary shares across multiple trading venues, as part of a broader buyback program. This strategic move, initiated in June 2024, has seen the company invest nearly £19.9 million in repurchasing over 8.6 million shares to date. Post-cancellation, Capricorn’s total shares in issue stand at 70,575,690, influencing voting rights and shareholder interests.

For further insights into GB:CNE stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskCapricorn Energy Continues Strategic Share Buyback Program
TipRanks UK Auto-Generated NewsdeskCapricorn Energy’s Share Incentive Plan Boosts Director’s Holdings
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App