Dowlais Group PLC (GB:DWL) has released an update.
Dowlais Group PLC has successfully acquired 309,078 of its own shares as part of a £50 million share buy-back initiative, with prices ranging from 53.50 to 55.30 pence per share. This transaction, facilitated by Investec Bank, resulted in a weighted average price of 54.1871 pence and reflects the company’s strategy to enhance shareholder value by reducing the number of shares in circulation.
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