UP Global Sourcing Holdings (GB:ULTP) has released an update.
Ultimate Products, renowned for its leading homeware brands such as Salter and Beldray, has recently announced the purchase and subsequent cancellation of 15,430 of its ordinary shares at a price of 147 pence each, as part of its share buyback program initiated in May 2024. Following the transaction, the company’s total issued share capital stands at 88,500,020 shares, which also delineate the total voting rights for shareholder notifications. This strategic move is expected to have implications for the company’s stock market performance and shareholder value.
For further insights into GB:ULTP stock, check out TipRanks’ Stock Analysis page.
