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Primorus Investments ( (GB:PRIM) ) has provided an update.
Primorus Investments PLC, a company listed on the AIM market, announced the repurchase of 1,000,000 of its own ordinary shares at an average price of 4.19 pence per share. These shares will be held in treasury, impacting the total number of shares in issue and the denominator used for calculating voting rights. This move reflects the company’s strategy to manage its share capital and could influence its market positioning and shareholder value.
More about Primorus Investments
Average Trading Volume: 483,495
Technical Sentiment Signal: Strong Buy
Current Market Cap: £5.48M
See more insights into PRIM stock on TipRanks’ Stock Analysis page.