Sylvania Platinum buys back 121k shares
By Josh White
Date: Friday 20 May 2022
(Sharecast News) - Sylvania Platinum updated the market on its ongoing share buyback on Friday, reporting that it acquired 121,035 shares on Thursday, representing 0.04% of its issued share capital.
The AIM-traded firm said the tranche was purchased at an average price of 88.27p each.
"Following the above transaction, the company's issued share capital is 286,155,657 ordinary shares, of which a total of 15,367,344 ordinary shares are held in treasury, including 1,933,398 ordinary shares pending cancellation," the board said in its update.
As a result, the total number of shares with voting rights in Sylvania was now 270,788,313.
At 1245 BST, shares in Sylvania Platinum were up 1.85% at 89.62p.
Reporting by Josh White at Sharecast.com.
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