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JERSEY - Geiger Counter Limited (GCL) purchased 169,000 ordinary shares at an average price of 46.92 pence per share on Wednesday, according to a statement released Friday.
The uranium investment company will hold all repurchased shares in treasury. Since receiving shareholder approval to extend its buyback authority at a General Meeting on August 7, GCL has repurchased a total of 1,438,698 ordinary shares.
Following the latest transaction, the company has 152,674,249 ordinary shares in issue. Of these, 113,954,095 carry voting rights while 38,720,154 are held in treasury.
The share repurchase is part of the company’s ongoing buyback program, which was extended earlier this month through shareholder vote.
Geiger Counter Limited is managed by Manulife | CQS Investment Management, with Cavendish Capital Markets Limited serving as corporate broker.
The information was disclosed in a regulatory filing to the London Stock Exchange.
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