Dowlais Group Executes Share Buy-Back Plan
Company Announcements

Dowlais Group Executes Share Buy-Back Plan

Dowlais Group PLC (GB:DWL) has released an update.

Dowlais Group PLC has actively executed its share buy-back programme by purchasing 225,512 of its ordinary shares, with the intention to cancel them, resulting in no shares held in treasury and 1,371,316,586 shares remaining in issue. The transaction, conducted through Investec Bank plc, had a volume-weighted average price of 61.8790 pence per share, with individual share prices ranging from 60.25 to 63.55 pence. This move will potentially affect the voting rights of existing shareholders and is in compliance with the Market Abuse Regulation.

For further insights into GB:DWL stock, check out TipRanks’ Stock Analysis page.

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