on Dalata Hotel Group PLC (isin : IE00BJMZDW83)
Dalata Hotel Group Executes Share Buyback
Dalata Hotel Group PLC, Ireland's leading hotel operator, recently conducted a share buyback, purchasing 350,000 ordinary shares on Euronext Dublin. The transaction aligns with the company's buyback programme announced in September 2024. The shares, sold at a volume-weighted average price of €4.0588, will be cancelled, reducing the total number of voting shares to 218,769,658.
The buyback, executed by Joh. Berenberg, Gossler & Co. KG, aims to streamline the company's share capital structure. The operation comprised several individual transactions, with prices ranging from €4.04 to €4.09 per share. Dalata, with expanding operations in the UK and Europe, leverages this move to optimize shareholder value under existing market regulations.
R. P.
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