UIL Ltd (GB:UTL) has released an update.
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UIL Limited has announced the strategic purchase of 75,000 of its 2028 Zero Dividend Preference Shares (ZDP Shares) at a price of 97.44p each, a move that increases their holding to 658,735 shares out of the 25 million in issue. The acquired shares, redeemable in October 2025, will be held as an investment by the company.
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