tiprankstipranks
Company Announcements

Angling Direct Initiates Share Buyback Program

Story Highlights
Angling Direct Initiates Share Buyback Program

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

Angling Direct PLC has announced a share buyback program, purchasing 30,000 ordinary shares at 39 pence each, aiming to hold these shares in treasury. This move is part of the company’s strategy to manage its share capital effectively, potentially enhancing 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. Headquartered in Norfolk, UK, it operates over 50 UK retail stores and a robust digital platform, offering over 25,000 fishing tackle products from industry-leading brands and its own brands, ‘Advanta’ and ‘Discover’.

YTD Price Performance: -1.23%

Average Trading Volume: 102,040

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £30.14M

Find detailed analytics on ANG stock on 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