Costain (GB:COST) has released an update.
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Costain Group PLC has repurchased 110,651 of its own shares on the London Stock Exchange as part of its ongoing share buyback program. The shares, purchased at a weighted average price of 106.2792 pence per share, will be canceled, reducing the total number of shares in issue to 268,914,791. This move is a part of Costain’s strategy to enhance shareholder value and optimize its capital structure.
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