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Dowlais Group Executes Share Buy-Back, Cancels Shares
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Dowlais Group Executes Share Buy-Back, Cancels Shares

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Dowlais Group PLC ( (GB:DWL) ) has provided an announcement.

Dowlais Group PLC has executed a share buy-back transaction, purchasing 210,796 of its ordinary shares at a weighted average price of 65.7993 pence per share as part of its £50 million buy-back program. The purchased shares will be cancelled, resulting in 1,355,556,883 ordinary shares in issue. This move is likely to impact the company’s share value and voting rights, affecting shareholders by altering their percentage of ownership in alignment with the FCA’s Disclosure Guidance and Transparency Rules.

More about Dowlais Group PLC

YTD Price Performance: -35.26%

Average Trading Volume: 5,574,086

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £881.8M

Learn more about DWL stock on TipRanks’ Stock Analysis page.

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