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Somero Enterprises Inc ( (GB:SOM) ) has issued an update.
Somero Enterprises Inc. announced a buy-back of 8,764 ordinary shares as part of its ongoing share buy-back program initiated in March 2024. This transaction impacts the company’s issued share capital, bringing it to 54,899,396 ordinary shares, all of which carry equal voting rights, potentially enhancing shareholder value and signaling confidence in the company’s financial health.
More about Somero Enterprises Inc
Somero Enterprises Inc. operates in the industry of manufacturing equipment for the construction sector. The company is primarily known for its innovative concrete leveling and placing equipment, focusing on improving productivity and efficiency in concrete floor construction.
YTD Price Performance: -16.92%
Average Trading Volume: 228,745
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £148.3M
For a thorough assessment of SOM stock, go to TipRanks’ Stock Analysis page.
