![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Harbour Energy Plc | LSE:HBR | London | Ordinary Share | GB00BMBVGQ36 | ORD 0.002P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-5.30 | -1.71% | 304.10 | 306.00 | 307.00 | 315.00 | 304.90 | 315.00 | 933,349 | 16:35:10 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMHBR
RNS Number : 0561P
Harbour Energy PLC
16 June 2022
Harbour Energy plc
"Harbour" or the "Company"
$200 million buyback programme
16 June 2022
Harbour is pleased to announce today the commencement of a share buyback programme of the Company's ordinary shares for up to a maximum aggregate consideration of $200 million. As set out at the Company's Capital Markets Day in December 2021, the Company continues to employ a disciplined and prudent approach to capital allocation, balancing its three priorities of safeguarding the balance sheet, ensuring a robust and diverse portfolio and shareholder returns.
Harbour has entered into irrevocable, non-discretionary agreements with its corporate brokers to execute the programme on its behalf. The purpose of the programme is to reduce the Company's share capital and all ordinary shares purchased as part of this programme will be cancelled. The programme will commence today, 16 June 2022, and will end no later than 31 December 2022.
Any purchases of ordinary shares by the Company in relation to this announcement will be conducted in accordance with the relevant regulations (including but not limited to the Listing Rules) and Harbour's general authority to repurchase shares.
Enquiries
Harbour Energy plc 020 3833 2421
Elizabeth Brooks, Head of Investor Relations
Rachel Rickard, Company Secretary
Brunswick 020 7404 5959
Patrick Handley
Will Medvei
Notes to editors
Pursuant to the authority granted by shareholders at the Company's Annual General Meeting held on 11 May 2022, the maximum number of ordinary shares which may be purchased by the Company is 138,830,049 .
Harbour will announce any purchase of ordinary shares under the programme no later than 07:30 on the business day following the calendar day on which the purchase occurred.
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
END
MSCGPUUGQUPPGBA
(END) Dow Jones Newswires
June 16, 2022 02:00 ET (06:00 GMT)
1 Year Harbour Energy Chart |
1 Month Harbour Energy Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions