Howden Joinery ( (GB:HWDN) ) has issued an update.
Howden Joinery Group PLC announced the repurchase and cancellation of 50,000 of its ordinary shares at an average price of 721.83 pence per share. This transaction, executed through Numis Securities Limited, is part of the company’s ongoing share buyback program, which aims to optimize its capital structure and enhance shareholder value. Following this transaction, the company holds 3,844,331 shares in treasury, with a total of 549,097,389 shares in issue, which represents the total voting rights in the company.
More about Howden Joinery
Howden Joinery Group PLC operates in the manufacturing and retail industry, specializing in kitchen and joinery products. The company focuses on providing high-quality kitchens and joinery products to trade professionals and has a significant presence in the UK market.
YTD Price Performance: -6.93%
Average Trading Volume: 1,797,220
Technical Sentiment Signal: Hold
Current Market Cap: £4.05B
For an in-depth examination of HWDN stock, go to TipRanks’ Stock Analysis page.