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Angling Direct Initiates Share Buyback Program
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Angling Direct Initiates Share Buyback Program

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An update from Angling Direct Plc ( (GB:ANG) ) is now available.

Angling Direct PLC has announced the purchase of 50,000 of its own ordinary shares at 38.5 pence per share, as part of its share buyback program. This move is part of the company’s strategy to manage its share capital and could impact shareholder value, as the total number of voting rights will adjust accordingly.

More about Angling Direct Plc

Angling Direct PLC is a leading omni-channel specialist fishing tackle retailer in the UK, with a growing presence in Europe. Headquartered in Norfolk, UK, the company offers fishing tackle products through over 50 UK retail stores, a digital platform, and mobile app. Angling Direct operates three native language websites in key European territories, with orders fulfilled from its international distribution center in the Netherlands. The company aims to inspire a diverse audience to enjoy fishing and is committed to community and environmental care.

YTD Price Performance: -8.14%

Average Trading Volume: 96,464

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £30.27M

For detailed information about ANG stock, go to TipRanks’ Stock Analysis page.

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