M.P. Evans (GB:MPE) has released an update.
M.P. Evans Group PLC has recently completed a buyback of 7,830 of its own shares at a uniform price of 849.30 pence per share, with the aim of reducing the shares in issue, now totaling 52,892,197. This action reflects the company’s strategy to potentially increase shareholder value, and the shares were purchased on the London Stock Exchange via the Company’s broker, Cavendish. After the transaction, the company confirms that all remaining shares carry equal voting rights, aiding shareholders in understanding their stake in the company.
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