Angling Direct Plc ( (GB:ANG) ) has shared an announcement.
Angling Direct PLC announced the purchase of 100,000 ordinary shares at a price of 39 pence each as part of a share buyback program, holding these shares in treasury. This move reflects the company’s strategy to optimize its capital structure and could potentially impact its stock market perception by signaling confidence in its financial health.
More about Angling Direct Plc
Angling Direct PLC is the UK’s leading omni-channel specialist fishing tackle retailer, with a significant and expanding presence in Europe. Headquartered in Norfolk, the company offers a wide range of fishing tackle products and related equipment through over 50 retail stores in the UK, its digital platform, and native language websites in key European markets. Angling Direct is committed to inspiring a broad audience to enjoy fishing and emphasizes sustainability and community care through its operations.
YTD Price Performance: -2.47%
Average Trading Volume: 108,504
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £29.98M
For detailed information about ANG stock, go to TipRanks’ Stock Analysis page.