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Angling Direct PLC Executes Share Buyback Program

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Angling Direct PLC Executes Share Buyback Program

The latest update is out from Angling Direct Plc ( (GB:ANG) ).

Angling Direct PLC announced the purchase of 60,000 of its ordinary shares at an average price of 37.20 pence per share as part of its share buyback program. This transaction, conducted through Singer Capital Markets, reflects the company’s strategic financial management and may influence shareholder value by adjusting the number of shares in circulation, thereby potentially impacting market perceptions and investor decisions.

More about Angling Direct Plc

Angling Direct is the UK’s leading omni-channel specialist fishing tackle retailer, with a growing presence in Europe. Based in Norfolk, UK, the company operates over 50 retail stores and a leading digital platform, along with native language websites in key European markets. It 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: -6.17%

Average Trading Volume: 142,562

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £28.41M

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

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