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Morgan Advanced Materials Updates Share Capital and Buyback Progress

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Morgan Advanced Materials Updates Share Capital and Buyback Progress

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An announcement from Morgan Advanced Materials ( (GB:MGAM) ) is now available.

Morgan Advanced Materials PLC announced updates regarding its share capital, revealing that as of June 30, 2025, the company has 279,821,859 ordinary shares with equal voting rights and 437,281 cumulative preference shares without voting rights. Since the initiation of its share buyback program in November 2024, Morgan Advanced Materials has repurchased and canceled 5,463,510 ordinary shares, impacting the calculations for shareholder interest notifications under FCA rules.

The most recent analyst rating on (GB:MGAM) stock is a Buy with a £350.00 price target. To see the full list of analyst forecasts on Morgan Advanced Materials stock, see the GB:MGAM Stock Forecast page.

Spark’s Take on GB:MGAM Stock

According to Spark, TipRanks’ AI Analyst, GB:MGAM is a Outperform.

Morgan Advanced Materials scores well due to a strong valuation and positive technical indicators, supported by strategic corporate actions like share buybacks. However, the lack of revenue growth and high capital expenditures pose risks. The stock’s attractive valuation and income potential make it appealing, but financial performance needs monitoring.

To see Spark’s full report on GB:MGAM stock, click here.

More about Morgan Advanced Materials

Morgan Advanced Materials is a company operating in the advanced materials industry, focusing on the production of high-performance materials and components. The company serves various sectors, including aerospace, defense, and energy, providing specialized products designed to withstand extreme conditions.

Average Trading Volume: 709,367

Technical Sentiment Signal: Sell

Current Market Cap: £618.8M

See more data about MGAM stock on TipRanks’ Stock Analysis page.

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