Severfield (GB:SFR) has released an update.
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Severfield, a leading UK structural steel company, has repurchased 33,000 of its shares at an average price of 80.15 pence on the London Stock Exchange, as part of its ongoing share buy-back program. The purchased shares are set to be canceled, potentially altering the voting rights within the company. This move reflects Severfield’s strategic efforts to manage its capital and enhance shareholder value.
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