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Dowlais Group PLC ( (GB:DWL) ) just unveiled an announcement.
Dowlais Group PLC has announced a share buy-back initiative, purchasing 533,114 of its ordinary shares at prices ranging from 65.50 to 67.15 pence as part of a £50 million program. The company intends to cancel these shares, resulting in no shares held in treasury and a total of 1,348,823,081 shares in issue, influencing shareholder voting rights and potentially stabilizing the stock price.
More about Dowlais Group PLC
YTD Price Performance: -3.85%
Average Trading Volume: 4,761,443
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £866M
For a thorough assessment of DWL stock, go to TipRanks’ Stock Analysis page.
