An update from Chemring ( (GB:CHG) ) is now available.
Chemring Group PLC has repurchased 20,000 of its ordinary shares as part of a buyback program announced earlier in February 2025. The shares were purchased at prices ranging from 377 to 386 pence, with a weighted average price of 381.6539 pence, and are intended to be canceled. This move is part of Chemring’s strategy to optimize its capital structure and potentially enhance shareholder value.
More about Chemring
Chemring Group PLC operates in the defense and aerospace industry, specializing in the production of countermeasures, sensors, and energetic materials. The company focuses on providing advanced technology solutions to military and security markets worldwide.
YTD Price Performance: 19.26%
Average Trading Volume: 1,649,749
Technical Sentiment Signal: Strong Sell
Current Market Cap: £1.04B
For detailed information about CHG stock, go to TipRanks’ Stock Analysis page.