Costain (GB:COST) has released an update.
Costain Group PLC has successfully repurchased 168,317 of its own shares as part of its ongoing buyback program, at an average price of 103.45 pence per share. This transaction contributes to an aggregate total of over 7.7 million shares repurchased and cancelled, reducing the overall shares in issue to approximately 270.8 million. This strategic move aims to enhance shareholder value and reflects the company’s confidence in its financial stability.
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