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Dowlais Group PLC ( (GB:DWL) ) has provided an announcement.
Dowlais Group PLC has announced a transaction involving the purchase of its own ordinary shares as part of a £50 million share buy-back program. The company acquired 526,711 shares through Investec Bank plc, with a weighted average price of 68.6220 pence per share, intending to cancel these shares to potentially enhance shareholder value and optimize capital structure.
More about Dowlais Group PLC
YTD Price Performance: 0.67%
Average Trading Volume: 4,163,121
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £910.8M
For an in-depth examination of DWL stock, go to TipRanks’ Stock Analysis page.