Wickes Group (GB:WIX) has released an update.
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Wickes Group PLC has announced the buyback and subsequent cancellation of 55,099 of its ordinary shares, at prices ranging from 171.6 to 174.8 pence, as part of its ongoing share buyback program. Following these transactions, the Company’s total purchased shares have reached 17,466,200, which will reduce the issued share capital to 242,171,798. The buyback initiative is aimed at reducing the number of shares in circulation, thereby potentially increasing the value of remaining shares.
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