An announcement from Angling Direct Plc ( (GB:ANG) ) is now available.
Angling Direct PLC has announced the purchase of 30,000 of its ordinary shares at 37.20 pence each as part of its share buyback program. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value. The purchased shares will be held in treasury, affecting the total number of shares with voting rights, which now stands at 74,319,304. This transaction reflects Angling Direct’s commitment to optimizing its financial operations and could have implications for shareholder interests and market perception.
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 operates over 50 retail stores in the UK and has a strong digital platform, including the MyAD Fishing Club app and native language websites in key European markets. Angling Direct offers over 25,000 fishing tackle products from leading brands and its own brands ‘Advanta’ and ‘Discover’.
YTD Price Performance: -7.16%
Average Trading Volume: 143,071
Technical Sentiment Signal: Buy
Current Market Cap: £27.96M
For detailed information about ANG stock, go to TipRanks’ Stock Analysis page.