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The latest update is out from Dowlais Group PLC ( (GB:DWL) ).
Dowlais Group PLC has announced a share buy-back where it bought 421,492 of its ordinary shares at an aggregate price as part of a £50 million programme. The shares purchased will be cancelled, effectively reducing the number of shares in circulation, which impacts shareholder voting rights. This move is often aimed at returning value to shareholders and can signal management’s confidence in the company’s future prospects.
More about Dowlais Group PLC
YTD Price Performance: 0.0%
Average Trading Volume: 4,439,843
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £886.9M
For a thorough assessment of DWL stock, go to TipRanks’ Stock Analysis page.
