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Angling Direct Executes Share Buyback Program

Story Highlights
  • Angling Direct is a leading UK fishing tackle retailer with a strong digital presence.
  • The company bought back 40,000 shares, indicating confidence in its financial health.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Angling Direct Executes Share Buyback Program

Angling Direct Plc ( (GB:ANG) ) has issued an announcement.

Angling Direct PLC has executed a share buyback program, purchasing 40,000 ordinary shares at 38.25 pence each, which will be held in treasury. This move is part of their strategy to manage share capital effectively, potentially enhancing shareholder value and reflecting confidence in the company’s financial health.

More about Angling Direct Plc

Angling Direct is a leading omni-channel specialist fishing tackle retailer in the UK, with a growing presence in Europe. The company, headquartered in Norfolk, UK, operates over 50 retail stores and a robust digital platform, including native language websites for key European markets. Angling Direct offers a wide range of fishing tackle products from top industry brands and its own brands, aiming to inspire exceptional fishing experiences for all.

YTD Price Performance: -4.94%

Average Trading Volume: 135,962

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £28.9M

For a thorough assessment of ANG stock, go to TipRanks’ Stock Analysis page.

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