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LONDON - Geiger Counter Limited (LON:GCL) purchased 300,000 ordinary shares at an average price of 47.75 pence per share on August 13, according to a company statement released Thursday.
The uranium investment company will hold all repurchased shares in treasury. Since shareholders voted to extend the buyback authority at the General Meeting on August 7, the company has repurchased a total of 1,269,698 ordinary shares.
Following the latest transaction, Geiger Counter has 152,674,249 ordinary shares in issue, with 114,123,095 carrying voting rights and 38,551,154 held in treasury.
The share repurchase is part of the company’s ongoing buyback program, which was recently extended through shareholder approval earlier this month.
Geiger Counter Limited is a Jersey-registered investment company that focuses on the uranium sector. The company’s shares are traded on the London Stock Exchange.
The information was disclosed in a regulatory announcement to the London Stock Exchange.
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