An announcement from Angling Direct Plc ( (GB:ANG) ) is now available.
Angling Direct PLC announced the purchase of 30,000 of its ordinary shares at 38 pence each as part of a share buyback program initiated in December 2024. This transaction, executed through Singer Capital Markets, will see the shares held in treasury. The move consolidates Angling Direct’s position in the market by potentially increasing shareholder value and reflects the company’s strategic focus on enhancing its financial flexibility.
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. Based in Norfolk, UK, it operates over 50 retail stores, a prominent digital platform, and multiple native language websites in Europe. Angling Direct offers more than 25,000 fishing tackle products from top brands and its own brands, ‘Advanta’ and ‘Discover’, aiming to provide exceptional fishing experiences to a diverse audience.
YTD Price Performance: -6.17%
Average Trading Volume: 110,990
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £28.77M
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