Angling Direct Plc ( (GB:ANG) ) has shared an update.
Angling Direct PLC announced the purchase of 60,000 of its ordinary shares at 39 pence each, as part of its share buyback program. This move, facilitated through Singer Capital Markets, aligns with the company’s strategic financial management, potentially influencing shareholder value and market confidence. With the latest purchase, Angling Direct’s treasury shares now total 1,373,000, leaving 75,894,304 shares with voting rights. This transaction is in accordance with the Market Abuse Regulation, reflecting Angling Direct’s compliance with financial regulations and its proactive approach in managing its share capital.
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 operates over 50 retail stores in the UK and sells fishing tackle products and related equipment through its digital platform and native language websites in key European territories. It aims to inspire all to enjoy fishing, offering over 25,000 products from industry-leading brands and 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
For a thorough assessment of ANG stock, go to TipRanks’ Stock Analysis page.