London-listed Yellow Cake rises after $10 million buyback
Yesterday 08:35
BUZZ-London-listed Yellow Cake rises after $10 million buyback ** Shares of London-listed uranium fund Yellow Cake YCA.L rise 4.2% to 576 pence
** Co launches $10 million share buyback programme, citing a widening discount to net asset value as an attractive opportunity to enhance shareholder value
** Berenberg analysts say buying back shares at unmerited discount to NAV is value accretive for shareholders
** YTD, stock down 2.8%
(Reporting by DhanushVignesh Babu in Bengaluru)
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See all newsLondon-listed Yellow Cake rises after $10 million buyback
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