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Chemring Completes Share Buyback, Cancels Shares

Chemring Completes Share Buyback, Cancels Shares

Chemring (CHG) (GB:CHG) has released an update.

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Chemring Group PLC has announced the completion of a share buyback, acquiring 30,540 of its own ordinary shares at prices ranging from 338.5 to 345.5 pence per share, with the intention to cancel these shares. The buyback forms part of a programme initiated on 1 August 2023, demonstrating the company’s ongoing strategy to manage its capital efficiently.

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

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