Severfield (GB:SFR) has released an update.
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Severfield PLC has executed a share buy-back program, purchasing 40,000 of its ordinary shares at a price of 87.10 pence each on the London Stock Exchange. The company plans to cancel these shares, impacting the total voting rights, which currently stand at 302,022,340. This move is part of Severfield’s ongoing strategy to manage its capital structure, which may interest investors tracking the company’s stock value and market position.
For further insights into GB:SFR stock, check out TipRanks’ Stock Analysis page.
