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Angling Direct PLC Enhances Market Position with Share Buyback
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Angling Direct PLC Enhances Market Position with Share Buyback

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Angling Direct Plc ( (GB:ANG) ) just unveiled an update.

Angling Direct PLC has announced the purchase of 40,000 of its ordinary shares at a price of 38.5 pence per share as part of its share buyback programme. This strategic move is aimed at consolidating its share capital and potentially enhancing shareholder value, reflecting confidence in its market position and future prospects.

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 operates over 50 UK retail stores and has a strong digital platform, alongside three native language websites for key European markets, fulfilling orders through its distribution center in The Netherlands. Angling Direct offers a wide range of fishing tackle products from leading brands and its own brands ‘Advanta’ and ‘Discover’.

YTD Price Performance: -8.14%

Average Trading Volume: 101,993

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £30.25M

Find detailed analytics on ANG stock on TipRanks’ Stock Analysis page.

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