Pharma Mar SA (ES:PHM) has released an update.
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Pharma Mar S.A. has completed a share capital reduction by canceling 132,679 treasury shares, reducing its share capital to approximately 10.93 million euros. This move will take effect on November 27, 2024, when the canceled shares will be delisted from major Spanish stock exchanges. Investors may see this as a strategic effort by Pharma Mar to optimize its capital structure.
For further insights into ES:PHM stock, check out TipRanks’ Stock Analysis page.