Ithaca Energy PLC (GB:ITH) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Ithaca Energy PLC has announced that Eni UK Limited, a subsidiary of Eni S.p.A., sold nearly 24.7 million shares at 102 pence each as part of a call option agreement linked to a previous business combination. This transaction, valued at approximately £25.2 million, marks a significant move involving major stakeholders and could impact market sentiment regarding Ithaca Energy’s stock.
For further insights into GB:ITH stock, check out TipRanks’ Stock Analysis page.
