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UIL Repurchases GBP3.5 Million Shares Under FY25 Liquidity Program

MT Newswires·12/03/2025 07:28:43
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07:28 AM EST, 12/03/2025 (MT Newswires) -- UIL (UTL.L) said Wednesday it ended its 2025 share liquidity program that was announced on Nov. 5. The London-listed investment company repurchased shares worth 3.5 million pounds sterling through the program. It intends to cancel the 1,939,098 repurchased shares. UIL said it plans to run similar share liquidity programs in 2026 and 2027 in preparation for a proposal to take the company private in 2028.