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Nanoco Executes Share Buyback, Reduces Voting Rights
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Nanoco Executes Share Buyback, Reduces Voting Rights

Nanoco Group plc (GB:NANO) has released an update.

Nanoco Group PLC has announced the purchase of 760,868 of its own ordinary shares as part of a share buyback program initiated earlier this month, with the intent to cancel the acquired shares. This transaction, conducted on the London Stock Exchange, will consequently reduce the total number of voting rights in the company to 197,831,421. The buyback reflects Nanoco’s ongoing strategy to manage its share capital and underlines the company’s financial activities in the nanomaterials sector.

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

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