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Angling Direct Plc ( (GB:ANG) ) has issued an update.
Angling Direct PLC announced the purchase of 30,000 of its own ordinary shares at a price of 39 pence per share as part of its share buyback program, with shares being held in treasury. This transaction reflects the company’s strategic financial management and could potentially impact shareholder value by reducing the number of shares available in the market, thus possibly enhancing earnings per share.
More about Angling Direct Plc
Angling Direct is a leading omni-channel specialist fishing tackle retailer in the UK, with a growing presence in Europe. The company, headquartered in Norfolk, UK, offers a wide range of fishing tackle products through its network of over 50 UK retail stores, a digital platform, and an app, serving key European markets with native language websites supported by its distribution center in The Netherlands. Angling Direct is committed to providing exceptional fishing experiences and operates with a strong focus on community and environmental care.
YTD Price Performance: -2.47%
Average Trading Volume: 108,933
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £29.98M
Learn more about ANG stock on TipRanks’ Stock Analysis page.
