Likewise Group Executes Share Buyback to Optimize Capital Structure

Likewise Group Plc ( (GB:LIKE) ) just unveiled an announcement.

Likewise Group plc has executed a share buyback transaction, purchasing 51,792 ordinary shares at a price of 19.023 pence each as part of its ongoing buyback programme. This transaction does not alter the company’s issued share capital but adjusts the total voting rights to 246,197,317. The buyback is part of a strategic initiative to manage the company’s capital structure and potentially enhance shareholder value.

More about Likewise Group Plc

Likewise Group plc is a rapidly growing distributor of floor coverings based in the UK. The company focuses on providing a wide range of flooring products to various market segments, leveraging its extensive distribution network to enhance market reach and customer service.

YTD Price Performance: 4.86%

Average Trading Volume: 247,669

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £47.58M

Find detailed analytics on LIKE stock on TipRanks’ Stock Analysis page.