Dowlais Group PLC (GB:DWL) has released an update.
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Dowlais Group PLC has strategically acquired 248,465 of its own ordinary shares as part of an ambitious £50 million share buy-back program, with prices ranging from 63.00 to 64.70 pence per share. These shares will be cancelled, thus maintaining the total number of voting rights at 1,373,809,156. This move is indicative of the company’s active management of its capital structure.
For further insights into GB:DWL stock, check out TipRanks’ Stock Analysis page.