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Auction Technology Group PLC Announces Share Buyback

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Auction Technology Group PLC Announces Share Buyback

Auction Technology Group PLC ( (GB:ATG) ) has shared an update.

Auction Technology Group PLC announced the repurchase of 50,000 of its ordinary shares at an average price of 560.3279p per share, as part of its buyback program. This transaction, conducted through Deutsche Numis, brings the total number of shares held in Treasury to 400,000, with 122,107,456 shares remaining in issue. The buyback is part of the company’s strategy to manage its capital structure and could impact shareholder voting rights calculations.

More about Auction Technology Group PLC

Auction Technology Group PLC operates in the technology sector, providing online auction platforms and services. The company focuses on facilitating auctions across various industries, enhancing the auction experience for both buyers and sellers.

YTD Price Performance: 1.82%

Average Trading Volume: 309,466

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £685.4M

See more data about ATG stock on TipRanks’ Stock Analysis page.

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