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Severfield Executes Significant Share Buy-Back
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Severfield Executes Significant Share Buy-Back

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The latest update is out from Severfield ( (GB:SFR) ).

Severfield PLC has executed a share buy-back program as authorized by shareholders at the 2023 Annual General Meeting, purchasing 200,000 ordinary shares at a fixed price of 54.40 pence per share on the London Stock Exchange. The company plans to cancel these purchased shares, impacting the total voting rights, which now stand at 297,632,579. This move is part of Severfield’s ongoing strategies to enhance shareholder value, and it may influence shareholders’ calculations regarding their interests in the company.

More about Severfield

YTD Price Performance: -9.35%

Average Trading Volume: 916,704

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £161.9M

For an in-depth examination of SFR stock, go to TipRanks’ Stock Analysis page.

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