Water Intelligence Reinforces Market Position with Share Buyback

Water Intelligence ( (GB:WATR) ) has issued an announcement.

Water Intelligence plc has completed the purchase of 5,000 ordinary shares as authorized by its shareholders, at a price of 404 pence per share. This transaction, executed through Dowgate Capital, results in the company holding a total of 128,650 shares in treasury, while the total number of voting rights in the company stands at 19,439,038 ordinary shares. This strategic move reinforces the company’s position in the market and could potentially impact shareholder interest calculations as stipulated by the Financial Conduct Authority’s Disclosure and Transparency Rules.

More about Water Intelligence

Water Intelligence plc is a leading multinational company that specializes in precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water. The company operates within the water management industry and focuses on providing innovative solutions to address water leak challenges across various markets.

YTD Price Performance: -3.64%

Average Trading Volume: 26,563

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £77.32M

See more insights into WATR stock on TipRanks’ Stock Analysis page.