CML Microsystems (GB:CML) has released an update.
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CML Microsystems PLC has announced the buyback of 15,000 ordinary shares at £3.05 each, which will be held in Treasury, reducing the total number of shares with voting rights to 16,105,079. The company, known for developing semiconductors for the communications market, operates internationally and is noted for being cash-generative, debt-free, and dividend-paying. This strategic financial move reflects the company’s ongoing performance and market position.
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