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Dowlais Group Executes Share Buy-Back to Adjust Voting Rights
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Dowlais Group Executes Share Buy-Back to Adjust Voting Rights

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

Dowlais Group PLC has executed a transaction involving the repurchase of its ordinary shares as part of a £50 million share buy-back program. The company purchased 535,150 ordinary shares at an average price of 66.8030 pence per share and plans to cancel these shares. This move will adjust the total number of voting rights to 1,351,321,279, providing shareholders with a new denominator for calculating their interests under FCA rules.

More about Dowlais Group PLC

YTD Price Performance: -0.59%

Average Trading Volume: 5,014,425

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £908.4M

For an in-depth examination of DWL stock, go to TipRanks’ Stock Analysis page.

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