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SThree plc ( (GB:STEM) ) has provided an update.
SThree plc has announced the purchase of 103,949 of its own ordinary shares on the London Stock Exchange as part of its share buyback programme. The shares were bought at prices ranging from 268.50 to 273.50 pence, with a weighted average price of 271.49 pence, and the company intends to cancel these shares. This move is part of SThree’s strategy to manage its capital structure and potentially enhance shareholder value.
More about SThree plc
YTD Price Performance: -8.78%
Average Trading Volume: 494,129
Technical Sentiment Signal: Buy
Current Market Cap: £351.3M
See more insights into STEM stock on TipRanks’ Stock Analysis page.