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Ultimate Products Advances Share Buyback Plan

Ultimate Products Advances Share Buyback Plan

UP Global Sourcing Holdings (GB:ULTP) has released an update.

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Ultimate Products PLC, a prominent homeware brand conglomerate known for Salter and Beldray, has continued its share buyback program as announced in May 2024, purchasing 20,905 Ordinary Shares for cancellation at 143.5 pence each. This action has adjusted the company’s total issued share capital to 88,352,923 Ordinary Shares, a figure relevant for shareholder notifications regarding interest changes as per the FCA’s rules. The cancellation is part of the company’s broader strategy, which includes selling to over 300 retailers in 38 countries and showcasing a diverse range of products in several categories.

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

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