Chemring ( (GB:CHG) ) just unveiled an announcement.
Chemring Group PLC has executed a share buyback program, purchasing 60,000 of its ordinary shares at prices ranging from 372.50 to 384.50 pence per share, with a weighted average price of 377.9359 pence. The company intends to cancel these shares, which is part of a previously announced buyback program, potentially enhancing shareholder value and optimizing capital structure.
More about Chemring
Chemring Group PLC operates in the defense and security industry, focusing on the production of countermeasures, sensors, and energetic materials. The company serves a global market, providing essential products and services to military and security organizations.
YTD Price Performance: 19.11%
Average Trading Volume: 1,652,452
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £1.06B
For detailed information about CHG stock, go to TipRanks’ Stock Analysis page.