Dalata Hotel (GB:DAL) has released an update.
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Dalata Hotel Group, the largest hotel operator in Ireland, announced the repurchase of 100,044 ordinary shares on Euronext Dublin as part of its share buyback program. The shares were acquired at a volume-weighted average price of €4.5842 and will be cancelled, reducing the company’s total share count. This strategic move is aimed at enhancing shareholder value by reducing the total number of shares outstanding.
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