UP Global Sourcing Holdings (GB:ULTP) has released an update.
Ultimate Products, renowned for its portfolio of leading homeware brands, has officially announced the cancellation of 15,080 of its ordinary shares following a share buyback program executed through Cavendish Securities plc. The transaction, which took place at a uniform price of 145.90 pence per share, leads to a new total of 88,469,711 ordinary shares representing the company’s issued share capital and total voting rights. This strategic move by the company, which markets its products to over 300 retailers in 38 countries, could be of interest to shareholders monitoring their stake in the diversified homeware group.
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