Technology

Gaming Realms (AIM: GMR) Launches £6 Million Share Buyback Programme

Mon 31 Mar 25, 08:01 AM | Team Kalkine

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Highlights

Gaming Realms plc (AIM: GMR), the developer and licensor of mobile-focused gaming content, has launched a share buyback programme with a maximum aggregate consideration of £6 million. This decision aligns with the company’s financial position, with a reported cash balance of approximately £13.5 million and no debt.

The programme will commence immediately and run until 31 August 2025, or until the conclusion of the company’s Annual General Meeting (AGM) in May 2025, unless authority is renewed at that time. Gaming Realms has appointed Peel Hunt LLP and Investec Bank Plc as brokers to carry out the buyback programme, making independent trading decisions within specified parameters.

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