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LONDON - Geiger Counter Limited (GCL) purchased 993,191 ordinary shares at an average price of 59.19 pence per share on October 21, according to a company statement released Wednesday.
The purchased shares will be held in Treasury rather than canceled. This latest transaction is part of an ongoing share repurchase program that was extended following shareholder approval at a General Meeting on August 7.
Since receiving the extended buyback authority in August, the company has repurchased a total of 5,025,196 ordinary shares.
Following the most recent purchase, Geiger Counter has 152,674,249 ordinary shares in issue. Of these, 110,067,597 carry voting rights while 42,606,652 are held in Treasury.
Geiger Counter Limited is an investment company that focuses on the uranium and nuclear power sector. The company’s shares are traded on the London Stock Exchange.
The share repurchase announcement was made via a regulatory news service filing to the London Stock Exchange.
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