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Somero Enterprises Inc ( (GB:SOM) ) has issued an announcement.
Somero Enterprises, Inc. announced the purchase and cancellation of 10,086 ordinary shares as part of its ongoing share buy-back program, initially announced in March 2024. This transaction reduces the company’s issued share capital to 54,708,558 shares, all with equal voting rights, potentially enhancing shareholder value and signaling confidence in the company’s financial stability.
More about Somero Enterprises Inc
Somero Enterprises, Inc. operates in the construction industry, specializing in the design, assembly, and sale of concrete leveling equipment. The company focuses on providing innovative solutions to enhance the efficiency and quality of concrete flooring processes.
Average Trading Volume: 213,294
Technical Sentiment Signal: Sell
Current Market Cap: £124.5M
See more data about SOM stock on TipRanks’ Stock Analysis page.