UIL Limited Adjusts Share Count with Buyback

UIL Ltd (GB:UTL) has released an update.

UIL Limited has announced the buyback and cancellation of 13,502 of its own ordinary shares at a price of 102.50p each, which adjusts the total number of voting shares in the company to 83,755,585. This new share count is a crucial figure for shareholders to determine their percentage holdings and notification requirements under the FCA’s rules.

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