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Dowlais Group Executes Share Buy-Back Amid £50 Million Program

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Dowlais Group Executes Share Buy-Back Amid £50 Million Program

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An announcement from Dowlais Group PLC ( (GB:DWL) ) is now available.

Dowlais Group PLC, a company involved in a share buy-back initiative, announced the purchase of 578,320 ordinary shares as part of its £50 million program. The transaction, executed through Investec Bank plc, will result in the cancellation of these shares, leaving the company with 1,349,732,937 ordinary shares in issue, thereby impacting the company’s voting rights and shareholder notifications according to regulatory rules.

More about Dowlais Group PLC

YTD Price Performance: -4.52%

Average Trading Volume: 4,772,271

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £866M

Find detailed analytics on DWL stock on TipRanks’ Stock Analysis page.

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