Costain (GB:COST) has released an update.
Costain Group PLC has executed a share buyback, purchasing 313,137 of its own shares at prices ranging from 95.20 to 100.00 pence, as part of its ongoing buyback program announced last month. Following the cancellation of these shares, the company’s total number of shares in issue will decrease to 276,813,971. The move is part of Costain’s strategy to manage its capital structure and deliver value to shareholders.
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