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Angling Direct Executes Share Buyback Program

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Angling Direct Executes Share Buyback Program

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

Angling Direct PLC has executed a share buyback program, purchasing 70,000 ordinary shares at an average price of 38.1429 pence per share. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, reflecting confidence in its market position and future prospects.

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. Headquartered in Norfolk, UK, the company operates over 50 retail stores and a digital platform, offering a wide range of fishing tackle products and related equipment. Angling Direct aims to inspire fishing enthusiasts of all backgrounds and abilities, with a focus on community and environmental care.

YTD Price Performance: -6.17%

Average Trading Volume: 143,850

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £28.41M

Learn more about ANG stock on TipRanks’ Stock Analysis page.

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