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An announcement from Morgan Advanced Materials ( (GB:MGAM) ) is now available.
Morgan Advanced Materials PLC has executed a buyback of 25,153 of its ordinary shares at a weighted average price of 182.0074 pence per share, with the intention to cancel these shares. This move is part of a buyback program announced in November 2024, potentially impacting the company’s share value and signaling confidence in its financial health to stakeholders.
More about Morgan Advanced Materials
Morgan Advanced Materials PLC operates in the advanced materials industry, focusing on the development and manufacturing of products made from carbon, ceramics, and other advanced materials. The company serves a variety of sectors, including healthcare, transportation, and energy, providing solutions that enhance the performance and efficiency of its clients’ operations.
YTD Price Performance: -33.01%
Average Trading Volume: 1,050,458
Technical Sentiment Signal: Strong Buy
Current Market Cap: £510.7M
Learn more about MGAM stock on TipRanks’ Stock Analysis page.
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