PPHE Hotel (GB:PPH) has released an update.
PPHE Hotel Group has executed a share buy-back, purchasing 16,636 of its ordinary shares at a uniform price of 1,150.00p per share, which will be held in treasury. Following this transaction, the company’s treasury holds 2,543,636 shares, with a total of 41,803,774 shares in issue. The buy-back, part of an ongoing programme announced in July, underlines PPHE’s strategy to enhance shareholder value.
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