Severfield (GB:SFR) has released an update.
Severfield PLC has announced the buy-back and subsequent cancellation of 250,000 of its ordinary shares at a uniform price of 80 pence per share through Panmure Liberum Capital Limited, as part of its share buy-back programme. This move, executed on the London Stock Exchange, leaves Severfield with a total of 305,563,438 voting rights, a figure important for shareholders in monitoring changes in share ownership. The company’s action aligns with the authority granted at the 2023 Annual General Meeting and is part of an ongoing effort to optimize shareholder value.
For further insights into GB:SFR stock, check out TipRanks’ Stock Analysis page.
