Dowlais Group PLC (GB:DWL) has released an update.
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Dowlais Group PLC has executed a significant share buy-back, purchasing 191,838 of its own shares as part of a £50 million program. This move reflects a strategic effort to optimize capital allocation and potentially enhance shareholder value, with shares bought at an average price of 64.9482 pence. Following this transaction, Dowlais has 1,355,767,679 ordinary shares in circulation, with no treasury shares remaining.
For further insights into GB:DWL stock, check out TipRanks’ Stock Analysis page.
