Severfield Executes Strategic Share Buy-Back

Severfield (GB:SFR) has released an update.

Severfield has repurchased 100,000 of its own shares at a consistent price of 87.06 pence per share from the London Stock Exchange, as part of its ongoing share buy-back program. This move, in line with the authority granted at the 2023 AGM, aims to reduce the overall number of shares and potentially enhance shareholder value.

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