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The latest update is out from Logistics Development Group ( (GB:LDG) ).
Logistics Development Group PLC has announced the results of its Tender Offer, successfully repurchasing and cancelling 110,526,315 Ordinary Shares, which represents approximately 21.08% of its issued share capital. This move is part of a strategic effort to return up to £21 million to shareholders, impacting the company’s share capital and potentially influencing shareholder interest and market positioning.
More about Logistics Development Group
Logistics Development Group PLC operates in the logistics sector, focusing on providing services related to the movement and management of goods. The company is involved in strategic financial operations to optimize shareholder value.
YTD Price Performance: 11.54%
Average Trading Volume: 559,985
Technical Sentiment Signal: Sell
Current Market Cap: £79.61M
See more insights into LDG stock on TipRanks’ Stock Analysis page.