Dowlais Group PLC (GB:DWL) has released an update.
Dowlais Group PLC has executed a significant share buy-back, acquiring 268,486 of its own shares as part of a £50 million program, with prices ranging from 47.52 to 49.96 pence per share. This move, which involves cancelling the purchased shares, reduces the total number of shares in circulation, potentially enhancing shareholder value. The buy-back emphasizes Dowlais’s commitment to returning value to its investors while maintaining a robust share structure.
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