Nanoco Group plc (GB:NANO) has released an update.
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Nanoco Group PLC, a leader in nanomaterials technology, has announced the buyback of 173,453 ordinary shares at a uniform price, with the intention to cancel them, consequently reducing the total number of shares in issue and affecting the total voting rights. This action is part of a share buyback program initiated earlier in the year, reflecting the company’s strategy to manage its capital structure. Following this transaction, Nanoco’s total number of ordinary shares in issue will stand at 196,300,242.
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