Dowlais Group PLC (GB:DWL) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Dowlais Group PLC has announced a significant step in its £50 million share buy-back program, purchasing 172,001 of its own shares at a weighted average price of 50.25 pence per share. This move, facilitated through Investec Bank, reflects the company’s strategy to enhance shareholder value by reducing the number of shares in circulation. Following this transaction, Dowlais now has 1,359,993,715 shares in issue, with the total number of voting rights remaining the same.
For further insights into GB:DWL stock, check out TipRanks’ Stock Analysis page.
