Chemring ( (GB:CHG) ) has issued an announcement.
Chemring Group PLC, a company involved in the defense and aerospace industry, has announced the purchase of 20,883 of its ordinary shares through Investec Bank plc, as part of a share buyback program initiated on February 26, 2025. The shares were bought at prices ranging from 380.50 pence to 390.00 pence per share, with a weighted average price of 386.4270 pence. The company plans to cancel the purchased shares, which is a strategic move that may impact its stock value and shareholder equity.
More about Chemring
YTD Price Performance: 13.70%
Average Trading Volume: 1,470,032
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £1.01B
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