TI Fluid Systems plc (GB:TIFS) has released an update.
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TI Fluid Systems plc has actively engaged in a share buy-back initiative, recently purchasing 100,000 of its own Ordinary Shares, with the intention of cancelling them to reduce the share count. This latest transaction is part of an ongoing programme, which has seen the company acquire over 22 million shares at an average price of 139.73 GBp each since its announcement in October 2023. The repurchase and cancellation are expected to affect the total number of voting rights and shareholders’ percentage holdings.
For further insights into GB:TIFS stock, check out TipRanks’ Stock Analysis page.
