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The latest update is out from Morgan Advanced Materials ( (GB:MGAM) ).
Morgan Advanced Materials PLC has announced the purchase of 34,963 of its ordinary shares at a weighted average price of 271.1869 pence per share, as part of a buyback programme initiated in November 2024. The company plans to cancel these shares, which could enhance shareholder value by reducing the share count and potentially increasing earnings per share.
More about Morgan Advanced Materials
YTD Price Performance: -2.21%
Average Trading Volume: 1,111,563
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £753.3M
See more insights into MGAM stock on TipRanks’ Stock Analysis page.
