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Dowlais Group PLC ( (GB:DWL) ) has issued an announcement.
Dowlais Group PLC has announced a transaction as part of its £50 million share buy-back programme, purchasing 448,210 of its ordinary shares through Investec Bank plc. The buy-back action is aimed at reducing the number of shares in circulation, which is expected to impact the company’s capital structure and potentially enhance shareholder value. This transaction leaves Dowlais with 1,348,374,871 ordinary shares in issue, and no shares held in treasury, which affects the total voting rights available.
More about Dowlais Group PLC
YTD Price Performance: -2.15%
Average Trading Volume: 4,678,933
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £886.9M
Learn more about DWL stock on TipRanks’ Stock Analysis page.
