Dowlais Group PLC (GB:DWL) has released an update.
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Dowlais Group PLC has successfully executed a share buy-back, purchasing 252,020 ordinary shares at prices ranging from 58.75 to 59.90 pence per share, as part of its £50 million buy-back program. The company has announced that these shares will be cancelled, effectively reducing the total number of voting rights to 1,370,639,637. This move reflects Dowlais Group’s strategy to enhance shareholder value and possibly improve earnings per share.
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