The latest announcement is out from Morgan Advanced Materials ( (GB:MGAM) ).
Morgan Advanced Materials PLC has executed a share buyback, purchasing 36,581 of its ordinary shares at prices ranging from 261.00 to 266.50 pence per share, with a weighted average price of 264.3636 pence. The company plans to cancel these shares, a move that is part of a previously announced buyback program, potentially impacting the company’s share value and signaling confidence in its financial health.
More about Morgan Advanced Materials
Morgan Advanced Materials PLC operates in the advanced materials industry, focusing on the production of high-performance materials and components. The company serves various sectors, including transportation, healthcare, and energy, providing solutions that enhance the performance and efficiency of its clients’ products.
YTD Price Performance: -1.65%
Average Trading Volume: 861,773
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £753.2M
For an in-depth examination of MGAM stock, go to TipRanks’ Stock Analysis page.