Dowlais Group PLC (GB:DWL) has released an update.
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Dowlais Group PLC has successfully executed a share buy-back program, purchasing 233,410 ordinary shares at prices ranging between 65.70 to 67.00 pence per share, with plans to cancel the acquired shares. This move leaves the company with 1,373,093,232 ordinary shares in issue, directly impacting the total number of voting rights available to shareholders. The buy-back, conducted through Investec Bank plc, reflects Dowlais’s strategic efforts to manage its capital structure.
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