Dalata Hotel (GB:DAL) has released an update.
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Dalata Hotel Group, the largest hotel operator in Ireland, has repurchased 140,000 of its ordinary shares as part of its share buyback program, with prices ranging between €4.44 and €4.57. This move reflects Dalata’s strategy to optimize its capital structure and potentially enhance shareholder value. The repurchased shares will be canceled, leaving the company with over 214 million shares outstanding.
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