CentralNic have announced another share buyback.
The buyback is the second buyback the company has initiated, with its first buyback of equal size occurring at the end of last year.
CentralNic is giving itself until August 14 to complete the buyback. But if the last buyback is any indication, it will be completed much sooner than that.
For reference, CentralNic’s current market cap is about £327 million.
CentralNic Group Plc (LON:CNIC) is one of the world’s leading providers of internet infrastructure services. The company provide tools for those who wish to go beyond consuming internet content. CentralNic’s services are designed for those who seek to contribute, to communicate, to build, to promote and to earn online.