Capital Limited (LSE:CAPD), the mining services company focused on the African markets, said its share buyback programme has now been completed.
The company bought back 1.97mln shares at a total cost of around US$2.5mln.
"Capital remains focused on growth and shareholder returns, and this buyback programme reflects the company's balanced capital allocation approach as well as the board's significant confidence in the business and its ongoing development strategy. As we look to 2022, we will be releasing our outlook for 2022 alongside our FY21 results on the 10 March 2022," said Jamie Boyton, the executive chairman of Capital Limited (LSE:CAPD).