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Angling Direct Executes Share Buyback Program

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Angling Direct Executes Share Buyback Program

Angling Direct Plc ( (GB:ANG) ) has issued an update.

Angling Direct PLC has executed a share buyback program, purchasing 60,000 ordinary shares at 39 pence each, which will be held in treasury. This move, facilitated by Singer Capital Markets, aligns with the company’s strategic financial management, potentially impacting shareholder value by reducing the number of shares available in the market.

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 operates over 50 UK retail stores and a digital platform, offering a wide range of fishing tackle products and related equipment. Angling Direct is committed to inspiring outdoor fishing experiences and emphasizes community and environmental care.

Average Trading Volume: 143,748

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £30.52M

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

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