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Nanoco Group Advances Share Buyback Plan

Nanoco Group Advances Share Buyback Plan

Nanoco Group plc (GB:NANO) has released an update.

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Nanoco Group plc, a leader in the production of cadmium-free quantum dots, has announced the repurchase and subsequent cancellation of 121,214 of its ordinary shares at a uniform price of 12.7 pence each, as part of its ongoing share buyback program initiated in April 2024. Following the cancellation, the company’s total number of shares in issue stands at 196,473,695, which also denotes the total voting rights for shareholders. The buyback reflects Nanoco’s commitment to managing its share capital efficiently while progressing in the nanomaterials market.

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

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