Dowlais Group PLC (GB:DWL) has released an update.
Dowlais Group PLC has recently executed a share buy-back, purchasing 182,084 of its own ordinary shares at prices ranging from 69.05 to 71.70 pence, with the intention to cancel these shares. Following the transaction, which is part of a £50 million share buy-back programme, the company will have 1,378,672,137 ordinary shares in issue, and the same number of voting rights. This move may influence shareholders’ notification requirements under the FCA’s Disclosure Guidance and Transparency Rules.
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