Harbour Energy PLC has announced that it has purchased a number of its ordinary shares for cancellation. The shares were purchased on various dates and at different prices. The highest price paid was GBP 260.1, while the lowest price paid was GBP 251.9. The volume-weighted average price paid per share was GBP 257.6. The purchases were made on different venues, including XLON, AQXE, BATE, CHIX, and TRQX.
These share purchases are part of Harbour's share buy-back program, which was announced in the company's Full Year Results on March 9, 2023. The buy-back program is in accordance with Article 5(1)(b) of the Market Abuse Regulation (EU) No 596/2014. Jefferies made the purchases on behalf of the company as part of the buy-back program.
In total, Harbour has purchased 62,716,268 ordinary shares for cancellation as part of the buyback program. The company has been actively repurchasing its shares in an effort to enhance shareholder value.
No further details or information regarding the transaction or the buy-back program were provided in the announcement.
For any inquiries, Rachel Rickard, the Company Secretary, can be contacted at 020 7730 1111, and Elizabeth Brooks, the Head of Investor Relations, can be reached for any investor-related queries.
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