The latest update is out from Angling Direct Plc ( (GB:ANG) ).
Angling Direct PLC announced the purchase of 100,000 of its ordinary shares at 38.5 pence each as part of its share buyback program. This move is intended to manage the company’s capital structure and potentially enhance shareholder value by holding the purchased shares in treasury, impacting the total voting rights and share capital structure.
More about Angling Direct Plc
Angling Direct is the leading omni-channel specialist fishing tackle retailer in the UK, with a growing presence in Europe. The company, headquartered in Norfolk, UK, offers fishing tackle products and related equipment through over 50 UK retail stores, a digital platform, and the MyAD Fishing Club app. They also operate three native language websites in key European territories, supported by an international distribution center in The Netherlands.
YTD Price Performance: -3.70%
Average Trading Volume: 155,247
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £29.35M
For detailed information about ANG stock, go to TipRanks’ Stock Analysis page.