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Auction Technology Group PLC Executes Share Buyback

Story Highlights
  • Auction Technology Group PLC repurchased 50,000 shares at an average price of 583.6256p.
  • The buyback affects voting rights and may influence shareholder interests under regulations.
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Auction Technology Group PLC Executes Share Buyback

Auction Technology Group PLC ( (GB:ATG) ) just unveiled an update.

Auction Technology Group PLC announced the repurchase of 50,000 of its ordinary shares at an average price of 583.6256p per share, as part of its ongoing buyback program. This transaction, executed through Deutsche Numis, increases the company’s treasury shares to 789,082, impacting the total number of voting rights and potentially influencing shareholder interests under regulatory guidelines.

More about Auction Technology Group PLC

Auction Technology Group PLC operates within the auction industry, providing technology solutions that facilitate online auctions. The company focuses on enhancing the auction experience for both buyers and sellers through its digital platforms.

YTD Price Performance: 5.64%

Average Trading Volume: 329,600

Technical Sentiment Signal: Sell

Current Market Cap: £707.4M

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

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