UP Global Sourcing Holdings (GB:ULTP) has released an update.
Ultimate Products PLC, known for historic homeware brands such as Salter and Beldray, has recently executed a share buyback, purchasing 20,738 of its own ordinary shares for cancellation at a price of 144.66 pence each. This move, part of a program announced in May 2024, reduces the company’s issued share capital to 88,373,828 shares, affecting total voting rights. The cancellation reflects the company’s strategy to manage capital and could be of interest to shareholders and potential investors tracking the firm’s financial maneuvers.
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