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Dowlais Group PLC ( (GB:DWL) ) has issued an update.
Dowlais Group PLC has announced a share buy-back transaction, purchasing 452,907 ordinary shares as part of its £50 million buy-back program. The shares, which were bought at a weighted average price of 66.2703 pence, will be canceled, leaving the company with 1,350,311,257 ordinary shares in issue. This move affects the total number of voting rights in the company, offering shareholders a new denominator to determine changes in their holdings under regulatory guidelines.
More about Dowlais Group PLC
YTD Price Performance: -2.67%
Average Trading Volume: 4,929,964
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £883.5M
For detailed information about DWL stock, go to TipRanks’ Stock Analysis page.