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Dowlais Group PLC ( (GB:DWL) ) has shared an update.
Dowlais Group PLC has announced a transaction in which the company purchased 504,745 of its own ordinary shares as part of a planned £50 million share buy-back program. The shares, bought at prices ranging from 67.55 to 68.95 pence, will be canceled, effectively reducing the number of shares in circulation and potentially increasing the value of existing shares. The total number of voting rights now stands at 1,345,866,238, which stakeholders can use for regulatory purposes.
More about Dowlais Group PLC
YTD Price Performance: 0.67%
Average Trading Volume: 4,163,121
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £910.8M
For an in-depth examination of DWL stock, go to TipRanks’ Stock Analysis page.
