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An announcement from Ultimate Products plc ( (GB:ULTP) ) is now available.
Ultimate Products plc has extended and expanded the share purchase programme operated through its Employee Benefit Trust (EBT), authorising the trustee JTC Employer Solutions Trustee Limited to buy additional ordinary shares in the company through to 31 July 2026 with a further £325,000 of funding. The EBT, which currently holds around 3.4% of the company’s 86.3 million issued shares and supports 3.8 million share options, will conduct on‑market purchases under pre-set parameters, including during regulatory blackout periods, in order to mitigate dilution from share option awards and support overall shareholder returns, clarifying the capital structure for investors under FCA disclosure rules.
The most recent analyst rating on (GB:ULTP) stock is a Hold with a £62.00 price target. To see the full list of analyst forecasts on Ultimate Products plc stock, see the GB:ULTP Stock Forecast page.
Spark’s Take on GB:ULTP Stock
According to Spark, TipRanks’ AI Analyst, GB:ULTP is a Neutral.
Ultimate Products plc’s overall stock score is driven by its strong valuation, with a low P/E ratio and high dividend yield, making it attractive for value investors. However, the weak technical indicators and mixed financial performance, particularly the challenges in revenue growth, weigh down the score. The absence of earnings call data and corporate events means these factors do not influence the score.
To see Spark’s full report on GB:ULTP stock, click here.
More about Ultimate Products plc
Ultimate Products plc is a UK-based owner of leading homeware brands including Salter, Beldray, Progress, Kleeneze, Petra and Intempo, with a focus on small domestic appliances, housewares, laundry, audio, and heating and cooling products. The group supplies more than 300 retailers in over 30 countries across discounters, supermarkets and general retailers, sells via its own and third-party online channels, employs over 300 staff from its Oldham headquarters and international offices, and estimates that nearly 80% of UK households own at least one of its products.
Average Trading Volume: 151,389
Technical Sentiment Signal: Strong Sell
Current Market Cap: £45.25M
Find detailed analytics on ULTP stock on TipRanks’ Stock Analysis page.