Dowlais Group PLC (GB:DWL) has released an update.
Dowlais Group PLC has executed a substantial share buy-back, acquiring 364,602 of its ordinary shares as part of a £50 million program. The shares were purchased at prices ranging from 49.98 to 51.80 pence and will be canceled, impacting the total number of shares in circulation. This move is likely to affect the company’s share value and voting rights, making it a noteworthy development for investors.
For further insights into GB:DWL stock, check out TipRanks’ Stock Analysis page.