Greencoat UK Wind ( (GB:UKW) ) has shared an announcement.
Greencoat UK Wind PLC has executed a share buyback program, purchasing 224,604 ordinary shares at an average price of 112.45 pence per share. This move is part of the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value by reducing the number of shares in circulation.
More about Greencoat UK Wind
Greencoat UK Wind PLC operates in the renewable energy sector, focusing on wind energy production. The company primarily invests in and manages wind farms across the United Kingdom, aiming to provide sustainable energy solutions and contribute to the UK’s renewable energy targets.
YTD Price Performance: -10.40%
Average Trading Volume: 4,504,831
Technical Sentiment Signal: Buy
Learn more about UKW stock on TipRanks’ Stock Analysis page.