Severfield Enhances Capital Strategy with Share Buyback

Severfield (GB:SFR) has released an update.

Severfield has repurchased 70,000 of its ordinary shares at a fixed price of 87.30 pence each on the London Stock Exchange, as part of its ongoing share buy-back program. These shares will be cancelled, affecting the total voting rights of the company, which now stands at 302,062,340. This move is likely to interest shareholders monitoring the company’s strategic management of its share capital.

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