PPHE Hotel (GB:PPH) has released an update.
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PPHE Hotel Group Limited has reported the buy-back of 11,105 of its ordinary shares at prices ranging between 1,175.00p and 1,190.00p, which will now be held in treasury. This move is part of the company’s ongoing share buy-back program initiated in July 2024, post which the company holds over 2.48 million shares in treasury. The group, valued at £2.2 billion and listed on the London Stock Exchange, operates an international portfolio of upscale hotels and resorts.
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