25 March 2021 - share buyback
The share price of AIM-listed Coral Products continues to rise as investors realise the fact that the shares are too cheap. The company has used some of its significant cash reserves to buy back 500,000 shares at 11.5p on 24 March and this has obviously helped push the price up. The directors believe that buying back shares at this price is an outstanding opportunity to acquire them at a low price. The shares will be held in Treasury, in other words just held by the company as opposed to being cancelled. These . . .
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