Howden Joinery ( (GB:HWDN) ) has issued an update.
Howden Joinery Group PLC announced a share buyback transaction, purchasing 50,000 of its ordinary shares for cancellation at an average price of 741.78 pence per share. This move reduces the number of shares in circulation, potentially increasing shareholder value and reflecting the company’s confidence in its financial health.
More about Howden Joinery
Howden Joinery Group PLC operates in the manufacturing and retail industry, primarily focusing on the production and distribution of kitchen and joinery products. The company serves a wide market, providing high-quality kitchen solutions to builders and homeowners.
YTD Price Performance: -7.25%
Average Trading Volume: 1,654,814
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £4.04B
For detailed information about HWDN stock, go to TipRanks’ Stock Analysis page.