Howden Joinery ( (GB:HWDN) ) has issued an update.
Howden Joinery Group PLC announced a share buyback transaction, purchasing 50,000 of its ordinary shares for cancellation at an average price of 740.86 pence per share. This move reduces the number of shares in circulation, potentially increasing the value of remaining shares and reflecting the company’s confidence in its financial health. The transaction, conducted through Numis Securities Limited, aligns with regulatory requirements and impacts the company’s total voting rights, which now stand at 549,247,389 shares.
More about Howden Joinery
Howden Joinery Group PLC operates in the home improvement industry, primarily focusing on the design, manufacture, and sale of kitchens and joinery products. The company targets both trade professionals and homeowners, offering a range of products that cater to various market needs.
YTD Price Performance: -6.30%
Average Trading Volume: 1,751,722
Technical Sentiment Signal: Hold
Current Market Cap: £4.08B
See more data about HWDN stock on TipRanks’ Stock Analysis page.