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Chemring Executes Share Buyback and Cancellation
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Chemring Executes Share Buyback and Cancellation

Chemring (CHG) (GB:CHG) has released an update.

Chemring Group PLC has announced the buyback and subsequent cancellation of 44,355 of its own ordinary shares, with individual share prices ranging from 347.5 to 350 pence. The transaction was executed on 17th April 2024 through Investec Bank plc as part of the company’s share buyback programme initiated on 1st August 2023. The aggregate volume of shares purchased at a volume-weighted average price was conducted on the London Stock Exchange (XLON).

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

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