Costain (GB:COST) has released an update.
Costain Group PLC has actively continued its share buyback program, purchasing 50,581 of its own shares for cancellation, as part of the ongoing effort to reduce its share capital. The company has now bought back 597,003 shares under this program, which will result in a reduced total of 277,869,026 shares in issue post-cancellation. The move is part of Costain’s strategy to optimize shareholder value and reflects confidence in the company’s financial health.
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