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An announcement from Amati AIM ( (GB:AMAT) ) is now available.
Amati AIM VCT PLC announced the purchase and cancellation of 421,506 ordinary shares at a price of 68.5p per share, reducing the total number of shares in issue to 144,668,980. This move is likely aimed at enhancing shareholder value by reducing the number of shares outstanding, which can positively impact earnings per share and potentially increase the stock’s market value.
More about Amati AIM
YTD Price Performance: -2.84%
Average Trading Volume: 20,998
Technical Sentiment Signal: Strong Buy
For an in-depth examination of AMAT stock, go to TipRanks’ Stock Analysis page.