PPHE Hotel Group Advances Share Buy-Back Plan

PPHE Hotel (GB:PPH) has released an update.

PPHE Hotel Group Limited has actively engaged in their share buy-back programme by repurchasing 7,000 of its own ordinary shares, all at a uniform price of 1,200.00p. The shares were acquired through the London Stock Exchange with Jefferies International Limited as the broker, and will be held in treasury. This strategic move by the hotel group has left them with 2,470,625 shares in treasury, while the total ordinary shares in issue stand at 41,876,785, excluding those held in treasury.

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