Dowlais Group PLC (GB:DWL) has released an update.
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Dowlais Group PLC has repurchased 402,627 of its own shares at an average price of 55.9787 pence as part of a £50 million buy-back program. The repurchased shares will be canceled, leaving the company with 1,357,621,261 ordinary shares in circulation. This move is aimed at reducing the number of outstanding shares and potentially boosting the stock value.
For further insights into GB:DWL stock, check out TipRanks’ Stock Analysis page.
