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Dowlais Group PLC ( (GB:DWL) ) just unveiled an announcement.
Dowlais Group PLC has announced the purchase of 535,716 of its own ordinary shares at a weighted average price of 68.92 pence per share as part of its £50 million share buy-back programme. This transaction, facilitated by Investec Bank plc, reflects the company’s strategy to enhance shareholder value by reducing the number of shares in circulation, potentially increasing the value of remaining shares and strengthening its market position.
More about Dowlais Group PLC
YTD Price Performance: 0.89%
Average Trading Volume: 4,251,211
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £913.5M
See more data about DWL stock on TipRanks’ Stock Analysis page.
