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An update from Dowlais Group PLC ( (GB:DWL) ) is now available.
Dowlais Group PLC has executed a purchase of 336,367 ordinary shares as part of a £50 million share buy-back initiative, intending to cancel these shares. This transaction, which leaves the company with no shares in treasury and 1,353,767,737 shares in issue, allows shareholders to reassess their voting rights and potentially increases shareholder value.
More about Dowlais Group PLC
Dowlais Group PLC operates in the financial industry, focusing on enhancing shareholder value through strategic financial maneuvers such as share buy-back programs.
YTD Price Performance: -36.25%
Average Trading Volume: 5,559,056
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £867.3M
See more insights into DWL stock on TipRanks’ Stock Analysis page.