Morgan Advanced Materials (GB:MGAM) has released an update.
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Morgan Advanced Materials PLC recently executed a share buyback, purchasing 38,656 of its ordinary shares at a weighted average price of 256.1068 pence per share. The buyback, facilitated by Investec Bank plc, saw share prices range from 251.50 to 258.50 pence, and the company plans to cancel these shares. This move is part of a broader buyback program aimed at optimizing capital allocation and potentially boosting stock value.
For further insights into GB:MGAM stock, check out TipRanks’ Stock Analysis page.
