Dalata Hotel Group Executes Share Buyback

Dalata Hotel Group PLC, the largest hotel operator in Ireland, has repurchased 100,555 ordinary shares as part of its share buyback programme. Conducted on 2 October 2024, the buyback was executed on Euronext Dublin with the assistance of Joh. Berenberg, Gossler & Co. KG.

The lowest price paid per share was €4.04, while the highest was €4.08. The volume-weighted average price settled at €4.0565. Dalata plans to cancel all acquired shares, resulting in a total of 219,293,352 ordinary shares in circulation, each carrying a single voting right.

This strategic move aligns with Dalata's goal of optimizing shareholder value and reinforces its commitment to the European market, where it sees potential growth.