Severfield (GB:SFR) has released an update.
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Severfield PLC has repurchased 70,000 of its own shares at a consistent price of 81.40 pence each, as part of a share buy-back program on the London Stock Exchange. This move, aimed at consolidating shareholder value, will see the purchased shares subsequently canceled. The total number of voting rights in the company now stands at 302,297,340, impacting shareholder calculations under financial regulations.
For further insights into GB:SFR stock, check out TipRanks’ Stock Analysis page.