Angling Direct Plc ( (GB:ANG) ) has issued an announcement.
Angling Direct PLC has executed a share buyback program, purchasing 30,000 ordinary shares at 37.20 pence each, which will be held in treasury. This move is part of the company’s strategic financial management, potentially impacting shareholder value and market perception by reducing the number of shares in circulation and possibly enhancing earnings per share.
More about Angling Direct Plc
Angling Direct is the 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 digital platform, offering more than 25,000 fishing tackle products from leading brands and its own brands ‘Advanta’ and ‘Discover’.
YTD Price Performance: -8.64%
Average Trading Volume: 142,991
Technical Sentiment Signal: Buy
Current Market Cap: £27.5M
For a thorough assessment of ANG stock, go to TipRanks’ Stock Analysis page.