Reglikedomain industry desk

Buy another £4 million of shares — CentralNic to

Buy another £4 million of shares — CentralNic to

Firm continues to return capital to shareholders instead of investing all of it into fresh acquisitions.

CentralNic (London AIM: CNIC) disclosed another share buyback today.

The buyback is the second buyback the firm 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 regarding £327 million.

The buyback is part of the firm’s decision to return more cash to investors rather than continue to invest it into acquisitions. The firm will pay its first-ever dividend of £0.01 in June.

Also on the wire

Other reporting from the domain desk.

Fresh Amazon Alexa gadgets lead to profits for VerisignUncategorizedFresh Amazon Alexa gadgets lead to profits for Verisign5Uncategorized5 Stories on Reglike — October’s TopIUncategorizedI don’t go to .com and .net sites: Obama.Uncategorized.sydney, .melbourne and .victoria contract — ARI getsADomain RegistrarsAnalyzing the eNom buyout of BulkRegisterGoDaddy purchases WooCommerce plugin developerUncategorizedGoDaddy purchases WooCommerce plugin developer1Uncategorized12 Ways to Get Rich in the Fresh TLD Gold Rush (Part 1)Backer fights three other applicants for domain name — Early .GreenUncategorizedBacker fights three other applicants for domain name — Early .GreenName can hurt your credibility — Your domainUncategorizedName can hurt your credibility — Your domain