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UP Global Sourcing Holdings ( (GB:ULTP) ) has provided an announcement.
Ultimate Products PLC, a UK-based company, has announced a change in the breakdown of its voting rights. Ennismore Fund Management Limited has increased its voting rights in Ultimate Products to 8% from a previous 7.91%, as a result of a share buyback transaction. This change was officially noted on April 29, 2025, and reported on May 2, 2025. The increase in voting rights could potentially enhance Ennismore’s influence in the company’s strategic decisions.
Spark’s Take on GB:ULTP Stock
According to Spark, TipRanks’ AI Analyst, GB:ULTP is a Neutral.
UP Global Sourcing Holdings scores a 68, reflecting a strong financial foundation and appealing valuation. However, bearish technical indicators and revenue volatility are key risks. The share buyback program provides a positive impact on shareholder value.
To see Spark’s full report on GB:ULTP stock, click here.
More about UP Global Sourcing Holdings
YTD Price Performance: -44.86%
Average Trading Volume: 161,148
Technical Sentiment Signal: Buy
Current Market Cap: £53.93M
See more insights into ULTP stock on TipRanks’ Stock Analysis page.