29 September 2023 - share buyback
The company has announced that it is to commence a share buyback programme which may entail the purchase of up to 5m shares in the company although the maximum amount that can be spent will not exceed £700,000. This obviously translates into an average price of 14p per share which is a level below the current share price although the company can pay more than 14p provided that the limits mentioned are not exceeded. This should help to put a floor under the share price at current levels unless there is some unexpected negative . . .
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