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An announcement from Dowlais Group PLC ( (GB:DWL) ) is now available.
Dowlais Group PLC has announced the repurchase of 200,401 of its ordinary shares as part of a £50 million share buy-back initiative. The repurchase was conducted through Investec Bank plc, with the shares purchased at prices ranging from 64.70 to 66.10 pence, aiming to cancel the shares and adjust the number of voting rights to 1,354,674,545. This move is part of the company’s strategy to manage share capital and could influence shareholder value by reducing the number of shares in circulation.
More about Dowlais Group PLC
YTD Price Performance: -34.86%
Average Trading Volume: 5,519,422
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £886.6M
See more data about DWL stock on TipRanks’ Stock Analysis page.
