Auction Technology Group PLC ( (GB:ATG) ) has issued an update.
Auction Technology Group PLC announced the repurchase of 50,000 of its ordinary shares at an average price of 581.6410p per share, as part of its buyback program. This transaction, executed through Deutsche Numis, increases the company’s treasury shares to 489,082, with 122,018,374 ordinary shares remaining in issue. The buyback is a strategic move to enhance shareholder value and adjust the company’s capital structure.
More about Auction Technology Group PLC
Auction Technology Group PLC operates in the technology sector, focusing on providing online auction marketplaces. The company facilitates auctions across various industries, offering a platform for buyers and sellers to engage in transactions efficiently.
YTD Price Performance: 4.73%
Average Trading Volume: 318,144
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £706.9M
For detailed information about ATG stock, go to TipRanks’ Stock Analysis page.