Capricorn Energy PLC (GB:CNE) has released an update.
Capricorn Energy PLC has announced the purchase and subsequent cancellation of 13,393 of its ordinary shares, as part of an ongoing share buyback program costing £18,797,439 to date. Following the transaction, the company reports a total of 71,083,432 ordinary shares and voting rights. The buyback, executed via Merrill Lynch International, aims to benefit existing shareholders by potentially increasing the value of their investments.
For further insights into GB:CNE stock, check out TipRanks’ Stock Analysis page.
