Dowlais Group PLC (GB:DWL) has released an update.
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Dowlais Group PLC has executed a share buy-back program, purchasing 290,810 of its ordinary shares at prices ranging from 47.78 to 48.74 pence per share. This move is part of the company’s £50 million buy-back initiative, aimed at reducing the number of shares in circulation, which could potentially enhance shareholder value. Following this transaction, Dowlais Group now has over 1.36 billion ordinary shares in issue.
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