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Severfield Announces Share Buy-Back and Cancellation

Severfield Announces Share Buy-Back and Cancellation

Severfield (GB:SFR) has released an update.

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Severfield PLC has announced the buy-back of 379,298 of its ordinary shares at an identical price of 81.00 pence per share, which will be subsequently cancelled, as per the authority granted in their 2023 AGM. The repurchase, executed through Panmure Liberum Capital Limited on the London Stock Exchange, leaves the company with a total of 304,570,640 voting rights. This action may influence shareholders’ notification requirements under the Financial Conduct Authority’s rules.

For further insights into GB:SFR stock, check out TipRanks’ Stock Analysis page.

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