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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 update.

Angling Direct PLC has executed a share buyback program, purchasing 40,000 ordinary shares at 37.20 pence each, to be held in treasury. This move, in line with their December 2024 announcement, affects the company’s total voting rights, which now stand at 74,349,304 shares. This strategic financial maneuver may impact shareholder interests and reflects the company’s ongoing commitment to managing its capital effectively.

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, along with native language websites in key European markets. Angling Direct aims to inspire fishing enthusiasts of all backgrounds and abilities, offering over 25,000 products from top brands and its own labels.

YTD Price Performance: -7.41%

Average Trading Volume: 143,635

Technical Sentiment Signal: Buy

Current Market Cap: £27.95M

For an in-depth examination of ANG stock, go to TipRanks’ Stock Analysis page.

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