Reach plc ( (GB:RCH) ) has issued an announcement.
Reach plc announced that its Employee Benefit Trust (EBT) has acquired 414,174 ordinary shares to manage dilution from share plans, as previously communicated to shareholders. This strategic move supports employee share options and reflects the company’s ongoing commitment to employee benefits, potentially enhancing stakeholder confidence in its operational strategies.
More about Reach plc
Reach plc operates in the media industry, focusing on publishing and distributing newspapers and digital content. The company is known for its wide range of print and online publications, catering to diverse audiences across the UK.
YTD Price Performance: -15.37%
Average Trading Volume: 767,577
Technical Sentiment Signal: Strong Buy
Current Market Cap: £221.9M
Learn more about RCH stock on TipRanks’ Stock Analysis page.