Angling Direct Plc ( (GB:ANG) ) just unveiled an update.
Angling Direct PLC has executed a share buyback program, purchasing 110,000 of its ordinary shares at 38.25 pence each, to be held in treasury. This move is part of the company’s strategy to manage its capital structure and reflects confidence in its financial health, potentially impacting shareholder value and market perception positively.
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 digital platform, offering more than 25,000 fishing tackle products from industry-leading brands and its own brands. Angling Direct aims to inspire fishing experiences for everyone and is committed to community and environmental care.
YTD Price Performance: -4.94%
Average Trading Volume: 142,779
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £28.85M
Learn more about ANG stock on TipRanks’ Stock Analysis page.