TI Fluid Systems Advances Share Buy-back Plan
Company Announcements

TI Fluid Systems Advances Share Buy-back Plan

TI Fluid Systems plc (GB:TIFS) has released an update.

TI Fluid Systems plc announced the repurchase of 100,000 of its Ordinary Shares under its Buy-back Programme, with the intention to cancel them, thus reducing the total number of shares in issue and consequently affecting voting rights. This latest transaction is part of a larger buy-back initiative that started on 4 October 2023, where the company has since repurchased over 21 million shares. The buy-back scheme is part of the company’s effort to manage its capital structure and deliver value to shareholders.

For further insights into GB:TIFS stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskTI Fluid Systems Extends Deadline for ABC Technologies
TipRanks UK Auto-Generated NewsdeskTI Fluid Systems Sees Revenue Dip, Boasts Strong Bookings
TipRanks UK Auto-Generated NewsdeskTI Fluid Systems Updates on Share Capital Structure
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App