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Dowlais Group PLC Announces Share Buy-Back and Cancellation
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Dowlais Group PLC Announces Share Buy-Back and Cancellation

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

Dowlais Group PLC has announced the purchase of its own ordinary shares as part of a £50 million share buy-back program. The company purchased 141,582 shares at prices ranging from 65.50 pence to 66.40 pence per share, with a weighted average price of 65.8917 pence per share. The purchased shares will be canceled, leaving the company with 1,355,415,301 ordinary shares in circulation. This move adjusts the total number of voting rights, which stakeholders can use to determine their required notifications under the FCA’s Disclosure Guidance and Transparency Rules.

More about Dowlais Group PLC

YTD Price Performance: -34.61%

Average Trading Volume: 5,584,073

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £890.5M

Find detailed analytics on DWL stock on TipRanks’ Stock Analysis page.

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