Gulf Keystone Petroleum (GB:GKP) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Gulf Keystone Petroleum has repurchased 16,595 of its own shares on the London Stock Exchange as part of its ongoing share buyback program. The shares were bought at prices ranging between 124.50 and 125.00 pence each and will be cancelled, leaving the company with a total of 217,005,286 shares in issue. This move is aimed at optimizing the capital structure and enhancing shareholder value.
For further insights into GB:GKP stock, check out TipRanks’ Stock Analysis page.