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Angling Direct Executes Share Buyback of 20,000 Shares

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Angling Direct Executes Share Buyback of 20,000 Shares

Angling Direct Plc ( (GB:ANG) ) has provided an announcement.

Angling Direct PLC announced the purchase of 20,000 ordinary shares at 39 pence each as part of its share buyback program. This transaction, executed through Singer Capital Markets, is intended to align with their strategic financial objectives, potentially impacting the company’s market position by optimizing shareholder value and adjusting the total voting rights available.

More about Angling Direct Plc

Angling Direct PLC is the leading omni-channel specialist fishing tackle retailer in the UK with a growing presence in Europe. Headquartered in Norfolk, UK, the company provides a wide array of fishing tackle products and related equipment through more than 50 retail stores, a robust digital platform, and the MyAD Fishing Club app. It operates additional native language websites for key European territories with a distribution center in the Netherlands and offers over 25,000 products from top industry brands, including its own brands ‘Advanta’ and ‘Discover’.

YTD Price Performance: -1.23%

Average Trading Volume: 103,532

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £30.4M

See more data about ANG stock on TipRanks’ Stock Analysis page.

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