Severfield Executes Share Buy-Back Strategy
Company Announcements

Severfield Executes Share Buy-Back Strategy

Severfield (GB:SFR) has released an update.

Severfield PLC has actively engaged in a share buy-back program, purchasing 137,500 of its own shares from the market on 19 September 2024, with plans to cancel these shares to adjust the number of voting rights available. The transactions were conducted on the London Stock Exchange at an average price of 81.06 pence per share. This move is part of a strategic effort approved by shareholders and may influence the company’s stock performance.

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

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