An update from Morgan Advanced Materials ( (GB:MGAM) ) is now available.
Morgan Advanced Materials PLC has executed a share buyback program, purchasing 134,159 of its ordinary shares at prices ranging from 198.20 to 246.00 pence per share. The company plans to cancel these shares, which is part of a broader buyback initiative announced in November 2024, potentially impacting shareholder value and market perception.
More about Morgan Advanced Materials
Morgan Advanced Materials PLC operates in the advanced materials industry, focusing on the development and manufacturing of high-performance materials and components. The company serves a diverse range of markets, including aerospace, automotive, healthcare, and electronics, providing solutions that enhance performance and efficiency.
YTD Price Performance: -21.14%
Average Trading Volume: 934,749
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £603.6M
For a thorough assessment of MGAM stock, go to TipRanks’ Stock Analysis page.