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Serica Energy Advances Buyback, Reduces Voting Shares

Serica Energy Advances Buyback, Reduces Voting Shares

Serica Energy (GB:SQZ) has released an update.

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Serica Energy PLC has purchased 344,480 of its own ordinary shares as part of a share buyback program announced on 24 April 2024, with the transaction occurring on 19 June 2024 through Peel Hunt LLP on the London Stock Exchange. These shares, bought at prices ranging from 150.50 to 154.90 pence per share, will be held in treasury, reducing the total number of shares carrying voting rights to 390,857,040. This move by the oil and gas company aligns with its strategy for growth and reflects its ongoing efforts to manage its share capital effectively.

For further insights into GB:SQZ stock, check out TipRanks’ Stock Analysis page.

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