Severfield Executes 150,000 Share Buyback Program

Severfield (GB:SFR) has released an update.

Severfield PLC has repurchased 150,000 of its own ordinary shares at a price of 49 pence each on the London Stock Exchange. This move, as part of a share buy-back program, aims to cancel the purchased shares, potentially enhancing shareholder value by reducing the total number of shares outstanding. As of December 5th, the total voting rights in Severfield stand at 298,089,142.

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