Locality Planning Energy (ASX: $LPE) Buy-Back Announcement

Locality Planning Energy Holdings Limited (ASX: $LPE) has released a new announcement on 24/4/2024 regarding the on-market buy-back of its ordinary fully paid securities. The company intends to buy back up to 18,020,441 securities, with the proposed start date set for 9/5/2024 and end date on 8/5/2025.

Executive Commentary on Buy-Back

The company is pleased to announce the proposed on-market buy-back of up to 18,020,441 fully paid ordinary securities. This decision reflects our commitment to delivering value to our shareholders and optimizing the capital structure. The buy-back is part of our ongoing capital management strategy and demonstrates confidence in the company's financial position and future prospects.

Summary of Buy-Back Announcement

Locality Planning Energy Holdings Limited (ASX: $LPE) has announced a new on-market buy-back of its ordinary fully paid securities. The company intends to buy back up to 18,020,441 securities, with the proposed start date set for 9/5/2024 and end date on 8/5/2025. The buy-back is a strategic move aimed at enhancing shareholder value and optimizing the company's capital structure. It signifies the company's confidence in its financial position and future outlook. This initiative aligns with the company's commitment to prudent capital management and creating long-term value for its shareholders.