Gaming Realms ( (GB:GMR) ) has issued an update.
Gaming Realms PLC has executed a share buyback program, purchasing 55,096 of its ordinary shares on the London Stock Exchange through Peel Hunt LLP. This buyback is part of a larger £6 million program announced earlier, and the purchased shares will be held in treasury. This move is likely aimed at consolidating the company’s share capital and potentially enhancing shareholder value by reducing the number of shares in circulation.
More about Gaming Realms
Gaming Realms PLC operates in the gaming industry, focusing on the development and licensing of mobile gaming content, particularly in the realm of online casino games. The company is known for its innovative approach to game development and its strategic partnerships to expand its market reach.
YTD Price Performance: -0.85%
Average Trading Volume: 693,587
Technical Sentiment Signal: Buy
Current Market Cap: £103.8M
Learn more about GMR stock on TipRanks’ Stock Analysis page.