EKF Diagnostics buys back, cancels 50,000 shares

(Sharecast News) - EKF Diagnostics said on Friday that it had purchased 50,000 of its own shares as part of its share buyback programme. The AIM-traded global diagnostics business bought the shares on 11 June at a price of 24.8p each, giving the transaction a total value of about £12,400.

The highest, lowest and volume-weighted average prices paid were all 24.8p per share.

EKF said the purchased shares would be cancelled.

Following cancellation, the company's issued share capital will comprise 430,333,112 ordinary shares, all carrying voting rights.

The company holds no shares in treasury.

At 1137 BST, shares in EKF Diagnostics Holdings were down 1.8% at 25.04p.

Reporting by Josh White for Sharecast.com.

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