J. Smart & Co Shrinks Share Capital
Company Announcements

J. Smart & Co Shrinks Share Capital

J Smart & Co (Contractors) (GB:SMJ) has released an update.

J. Smart & Co (Contractors) PLC has announced the buyback and immediate cancellation of 25,000 of its ordinary shares at a price of 125.0p each. As a result of this transaction, the total number of ordinary shares in circulation has been reduced to 39,441,170, which also represents the total voting rights within the company as of 19 June 2024. Shareholders may now recalibrate their ownership percentage based on this new denominator for compliance with the FCA’s Disclosure and Transparency Rules.

For further insights into GB:SMJ stock, check out TipRanks’ Stock Analysis page.

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