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Ultimate Products PLC Executes Share Buyback

Ultimate Products PLC Executes Share Buyback

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

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Ultimate Products PLC, a leading homeware brand owner with products in nearly 80% of UK households, has announced the buyback and cancellation of 12,324 of its ordinary shares at a price of 143.0 pence each, which will adjust the total voting rights reflected by the remaining issued share capital. This buyback is part of a program initiated on 10 May 2024 and the shares were purchased through Cavendish Securities plc. The company, which sells to over 300 retailers worldwide and is headquartered in Greater Manchester, is known for brands like Salter and Beldray and has a significant presence in various home product categories.

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

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