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FD Technologies ( (GB:FDP) ) has shared an update.
FD Technologies has announced that its shareholders have approved a resolution to authorize the company to buy back up to 6,153,846 ordinary shares at £19.50 per share, as part of a tender offer totaling up to £120 million. The approval highlights shareholder confidence and positions the company for strategic financial maneuvers, potentially impacting its market standing and offering value to stakeholders.
More about FD Technologies
FD Technologies PLC operates in the technology sector, focusing on data-driven solutions and services. The company is known for its innovative products that cater to various industries requiring advanced data analytics and management solutions.
YTD Price Performance: -2.37%
Average Trading Volume: 44,582
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £536M
Learn more about FDP stock on TipRanks’ Stock Analysis page.
