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Angling Direct Executes Share Buyback of 100,000 Shares

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Angling Direct Executes Share Buyback of 100,000 Shares

The latest announcement is out from Angling Direct Plc ( (GB:ANG) ).

Angling Direct PLC announced the purchase of 100,000 of its own ordinary shares at 38 pence per share as part of a share buyback program. The purchased shares will be held in treasury, affecting the total voting rights of the company. This transaction is part of the company’s strategic financial management, potentially impacting shareholder interest calculations under FCA rules.

More about Angling Direct Plc

Angling Direct is a leading omni-channel fishing tackle retailer in the UK with a growing presence in Europe. Headquartered in Norfolk, UK, the company operates over 50 retail stores and a strong digital platform alongside three native language websites for European territories, supported by an international distribution centre in the Netherlands. Angling Direct aims to inspire people to enjoy fishing and sells over 25,000 products from top brands, including its own brands Advanta and Discover.

YTD Price Performance: -6.17%

Average Trading Volume: 112,120

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £28.73M

Find detailed analytics on ANG stock on TipRanks’ Stock Analysis page.

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