Litigation Capital Management Limited (GB:LIT) has released an update.
Litigation Capital Management Limited has repurchased 8,044 ordinary shares as part of its ongoing Share Buyback Programme, with the shares being acquired at a price of 113.5 pence each on the London Stock Exchange. This move, conducted through Canaccord Genuity Limited, now leaves the company with 114,294,997 ordinary shares in issue, excluding those held by Canaccord, which represents about 4.29% of the total share capital. This buyback effort is part of LCM’s strategy to manage its capital efficiently and could potentially impact shareholder interests.
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