Costain (GB:COST) has released an update.
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Costain Group PLC has announced the purchase of 171,532 of its own shares on the London Stock Exchange as part of its ongoing share buyback program. The shares were bought at a weighted average price of 109.3557 pence and have been cancelled, reducing the company’s total shares in issue to 269,239,833. This move is part of Costain’s strategy to optimize its capital structure and enhance shareholder value.
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