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Auction Technology Group PLC Executes Share Buyback

Story Highlights
  • Auction Technology Group PLC operates in the online auction industry, providing digital platforms.
  • The company repurchased 50,000 shares, affecting treasury holdings and shareholder voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Auction Technology Group PLC Executes Share Buyback

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

Auction Technology Group PLC announced the repurchase of 50,000 of its ordinary shares at an average price of 581.6894p per share, as part of its buyback program. This transaction increases the company’s treasury shares to 839,082, with 121,686,005 ordinary shares remaining in issue, potentially impacting shareholder voting rights and market perception.

More about Auction Technology Group PLC

Auction Technology Group PLC operates within the online auction industry, providing technology solutions that facilitate auctions across various sectors. The company focuses on enhancing the auction experience through digital platforms, catering to a wide range of markets and stakeholders.

YTD Price Performance: 5.45%

Average Trading Volume: 331,878

Technical Sentiment Signal: Sell

Current Market Cap: £707.6M

See more insights into ATG stock on TipRanks’ Stock Analysis page.

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