Dowlais Group PLC (GB:DWL) has released an update.
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Dowlais Group PLC has executed a share buy-back, purchasing 361,216 of its own shares at an average price of 52.58 pence each, as part of a £50 million program. The company intends to cancel the repurchased shares, leaving a total of 1,358,511,969 shares in circulation. This move is part of Dowlais’s strategy to enhance shareholder value.
For further insights into GB:DWL stock, check out TipRanks’ Stock Analysis page.
