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UIL Limited Announces Share Repurchase and Voting Rights Update

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UIL Limited Announces Share Repurchase and Voting Rights Update

Confident Investing Starts Here:

An announcement from UIL Ltd ( (GB:UTL) ) is now available.

UIL Limited has announced the repurchase and cancellation of 25,149 ordinary shares at a price of 115.00p per share, which affects the total number of shares with voting rights, now standing at 92,965,735. This transaction may influence shareholders’ calculations regarding their interests in the company under the FCA’s Disclosure and Transparency Rules.

Spark’s Take on GB:UTL Stock

According to Spark, TipRanks’ AI Analyst, GB:UTL is a Neutral.

The stock score reflects significant financial difficulties characterized by negative income and inconsistent cash flows. Despite a stable technical analysis and positive corporate events indicating insider confidence, the negative P/E ratio and need for strategic improvements weigh heavily on the score.

To see Spark’s full report on GB:UTL stock, click here.

More about UIL Ltd

Average Trading Volume: 8,787

Technical Sentiment Signal: Buy

For detailed information about UTL stock, go to TipRanks’ Stock Analysis page.

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