Somero Enterprises Inc (GB:SOM) has released an update.
Somero Enterprises Inc. has successfully executed a share buy-back program by purchasing and subsequently canceling 4,074 of its ordinary shares at a consistent price of 270 pence each. This move adjusts the company’s issued share capital to a total of 54,925,801 shares, all with equal voting rights. The buy-back is part of the company’s strategy to manage its capital structure effectively.
For further insights into GB:SOM stock, check out TipRanks’ Stock Analysis page.
