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Primorus Investments ( (GB:PRIM) ) has provided an update.
Primorus Investments plc has repurchased 250,000 of its own ordinary shares at an average price of 4.00 pence per share, with all of the acquired stock to be held in treasury. Following this transaction, the company’s total issued share capital stands at 139,830,968 ordinary shares, of which 14,180,968 are held in treasury, leaving 125,650,000 shares in issue for the purposes of calculating voting rights, a move that may marginally enhance earnings per share and alter the balance of shareholder voting power.
More about Primorus Investments
Primorus Investments plc is an investment company listed on AIM, focusing on building a diversified portfolio of interests, typically in growth-oriented businesses across various sectors, with its shares traded on the London Stock Exchange’s AIM market.
Average Trading Volume: 90,503
Technical Sentiment Signal: Buy
Current Market Cap: £4.85M
For a thorough assessment of PRIM stock, go to TipRanks’ Stock Analysis page.