AIM-listed mining company Zanaga Iron Ore has purchased 28,800 shares of no par value in the company at an average price of 32.80p per share representing 0.01 per cent of the shares in issue.
The company, which gained approval for a share buyback at an annual general meeting held in July, reported that the 28,800 shares purchased by the company would be cancelled in due course and the total voting rights in the company would be reduced to 279,776,530.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Zanaga is the owner of 50% less one share interest in the Zanaga Iron Ore project in the Republic of Congo through it joint venture partnership with Xstrata. The company has a market capitalisation of £89.54m.
Zanaga Iron Ore's share price was down 0.78% to 32p at 12:20 on Thursday afternoon.
MF
-
Two thirds of easy access savings accounts come with restrictions – can you access your savings in an emergency?Out of the top 30 easy access savings on the market, 22 come with some sort of restriction on how fast you can access your money, according to new research.
-
Most popular London boroughs: Full list of in-demand places to move toA deluge of people move to or within Britain’s capital each year – but which area is the most popular? We look at the most in-demand London boroughs in 2025.
