tiprankstipranks
Company Announcements

Angling Direct Executes Share Buyback to Enhance Shareholder Value

Story Highlights
Angling Direct Executes Share Buyback to Enhance Shareholder Value

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

Angling Direct PLC announced the purchase of 50,000 of its ordinary shares at 39 pence each as part of its share buyback program. This transaction, conducted through Singer Capital Markets, impacts the company’s total issued share capital and voting rights, reflecting its ongoing strategic financial maneuvers to enhance shareholder value.

More about Angling Direct Plc

Angling Direct PLC is a leading omni-channel fishing tackle retailer in the UK with a significant and growing presence in Europe. The company offers a wide range of fishing tackle products and equipment through its extensive network of over 50 UK retail stores, a robust digital platform, and the MyAD Fishing Club app. Angling Direct operates additional native language websites in key European markets, supported by an international distribution center in the Netherlands, and sells over 25,000 products from top industry brands and its own lines.

YTD Price Performance: -2.47%

Average Trading Volume: 137,678

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £30.19M

For an in-depth examination of ANG stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1