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Angling Direct PLC Executes Share Buyback Program

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Angling Direct PLC Executes Share Buyback Program

Angling Direct Plc ( (GB:ANG) ) has provided an update.

Angling Direct PLC announced the purchase of 80,000 of its ordinary shares at 38.25 pence each as part of its share buyback program. This move, executed through Singer Capital Markets, is aimed at consolidating its share capital and potentially enhancing shareholder value. The total number of shares with voting rights now stands at 75,984,304, which may impact shareholder calculations under FCA rules.

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. Headquartered in Norfolk, UK, the company operates over 50 retail stores and a robust digital platform, including the MyAD Fishing Club app. It offers more than 25,000 fishing tackle products from top brands and its own brands, ‘Advanta’ and ‘Discover’.

YTD Price Performance: -3.70%

Average Trading Volume: 155,247

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £29.35M

See more data about ANG stock on TipRanks’ Stock Analysis page.

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