Dalata Hotel Group Repurchases Shares to Boost Value

Dalata Hotel (GB:DAL) has released an update.

Dalata Hotel Group PLC has repurchased 52,016 of its own ordinary shares on Euronext Dublin as part of its ongoing share buyback program. The shares were purchased at a volume weighted average price of €4.3571 and are set to be cancelled, reducing the total number of shares in circulation to 213,820,809. This strategic move is part of Dalata’s efforts to manage its capital structure and enhance shareholder value.

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