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Dalata Hotel ( (GB:DAL) ) has provided an update.
Dalata Hotel Group PLC has executed a share buyback program by purchasing 108,000 of its ordinary shares on Euronext Dublin at an average price of €4.7559 per share. This move aims to cancel the repurchased shares, impacting the total voting rights within the company, which will now consist of 211,754,959 ordinary shares. This strategic decision is in line with market regulations and may influence shareholder calculations regarding their interest in Dalata.
More about Dalata Hotel
Dalata Hotel Group PLC is the largest hotel operator in Ireland with an expanding presence in the United Kingdom and Continental Europe. The company focuses on operating hotels and providing hospitality services across these regions.
YTD Price Performance: 2.86%
Average Trading Volume: 69,238
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £865.6M
Learn more about DAL stock on TipRanks’ Stock Analysis page.