Aptitude Software Group plc has disclosed the recent purchases of its own ordinary shares as part of its Share Buyback Programme. The company acquired 20,000 ordinary shares at a price ranging from 376.00 pence per share, resulting in a Volume Weighted Average Price of 376.00 pence per share. Following these transactions, the company will hold 350,113 of its Ordinary Shares in treasury, reducing the total number of Ordinary Shares in issue and admitted to trading to 56,987,498 (excluding treasury shares).
The company has provided detailed information about the purchases made by Canaccord Genuity Limited on its behalf, including the number of shares purchased, transaction price, time of transaction, and trading venue. Aptitude Software Group plc has also stated that it will make further announcements following the completion of any additional purchases pursuant to the Share Buyback Programme.
This update aligns with the company's commitment to enhancing shareholder value and optimizing its capital structure. Shareholders are encouraged to use the adjusted figure of 56,987,498 Ordinary Shares as the denominator for the calculations to determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Aptitude Software Group plc is a market-leading provider of finance transformation software solutions, specializing in delivering fully autonomous finance. The company's strategic focus on managing its share capital and providing transparent information to shareholders reflects its dedication to maintaining a strong and sustainable financial position.