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UIL Limited Adjusts Share Structure with Recent Buyback

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UIL Limited Adjusts Share Structure with Recent Buyback

UIL Ltd ( (GB:UTL) ) has provided an update.

UIL Limited announced the repurchase and cancellation of 17,842 ordinary shares at a price of 113.45p each, impacting the total voting shares, which now amount to 93,152,384. This move affects shareholder calculations under FCA’s rules, potentially altering shareholder interests and reflecting UIL’s strategic financial maneuvers.

More about UIL Ltd

YTD Price Performance: 7.41%

Average Trading Volume: 7,268

Technical Sentiment Consensus Rating: Sell

See more insights into UTL stock on TipRanks’ Stock Analysis page.

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