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Auction Technology Group Launches $40 Million Share Repurchase Programme

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Auction Technology Group Launches $40 Million Share Repurchase Programme

Auction Technology Group PLC ( (GB:ATG) ) has issued an update.

Auction Technology Group plc announced a share repurchase programme of up to $40 million, to be executed in two tranches by January 2026. The initiative is part of the company’s capital allocation policy to enhance business growth and return excess capital to shareholders, reflecting a strategic move to strengthen its market position.

More about Auction Technology Group PLC

Auction Technology Group plc (ATG) operates world-leading marketplaces for curated online auctions, connecting bidders globally to around 4,000 trusted auction houses in Industrial & Commercial and Art & Antiques sectors. The company powers eight online marketplaces using proprietary auction platform technology, hosting nearly 86,000 auctions annually, with offices in the UK, US, Germany, and Mexico.

YTD Price Performance: 3.64%

Average Trading Volume: 552,180

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £697.4M

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

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