Morgan Advanced Materials ( (GB:MGAM) ) has provided an announcement.
Morgan Advanced Materials PLC has announced the repurchase of 24,055 of its own ordinary shares, priced between 204.50 and 210.00 pence each, with a weighted average price of 208.3756 pence. The company plans to cancel these shares as part of a buyback programme initiated in November 2024, which may impact its stock liquidity and shareholder value.
More about Morgan Advanced Materials
YTD Price Performance: -22.06%
Average Trading Volume: 972,947
Technical Sentiment Signal: Buy
Current Market Cap: £594.9M
Learn more about MGAM stock on TipRanks’ Stock Analysis page.