Angling Direct Plc ( (GB:ANG) ) has shared an announcement.
Angling Direct PLC has executed a share buyback program, purchasing 100,000 of its ordinary shares at a price of 37.40 pence per share. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value. The purchased shares will be held in treasury, affecting the total number of shares carrying voting rights, which now stands at 74,599,304. This transaction aligns with regulatory compliance under the Market Abuse Regulation and reflects the company’s proactive approach in managing its equity base.
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 offers a wide range of fishing tackle products and related equipment through its network of over 50 UK retail stores and its digital platforms, including native language websites for key European markets. Angling Direct is committed to inspiring outdoor fishing experiences for everyone and emphasizes community and environmental care.
YTD Price Performance: -6.17%
Average Trading Volume: 142,562
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £28.41M
For detailed information about ANG stock, go to TipRanks’ Stock Analysis page.