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Dowlais Group PLC ( (GB:DWL) ) has provided an announcement.
Dowlais Group PLC has initiated a £50 million share buy-back programme, purchasing 376,782 of its ordinary shares through Investec Bank plc. This move indicates the company’s strategy to reduce the number of shares in circulation, potentially increasing shareholder value by improving earnings per share and providing a more attractive return on investment.
More about Dowlais Group PLC
YTD Price Performance: 0.37%
Average Trading Volume: 4,121,975
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £912.7M
Find detailed analytics on DWL stock on TipRanks’ Stock Analysis page.
