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Likewise Group Executes Share Buyback to Optimize Capital Structure

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Likewise Group Executes Share Buyback to Optimize Capital Structure

Likewise Group Plc ( (GB:LIKE) ) has provided an update.

Likewise Group plc has executed a share buyback transaction involving the purchase of 21,820 ordinary shares as part of its ongoing buyback programme. This transaction, conducted through Zeus Capital Limited, maintains the company’s issued share capital at 247,483,480, with total voting rights now adjusted to 246,125,914. This strategic move is part of Likewise’s efforts to manage its capital structure and potentially enhance shareholder value.

More about Likewise Group Plc

Likewise Group plc is a rapidly expanding distributor of floor coverings based in the UK. The company focuses on providing a wide range of flooring products to various market segments, leveraging its growing presence in the industry.

YTD Price Performance: 4.86%

Average Trading Volume: 207,778

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: £47.57M

See more insights into LIKE stock on TipRanks’ Stock Analysis page.

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