An announcement from Morgan Advanced Materials ( (GB:MGAM) ) is now available.
Morgan Advanced Materials PLC, a company involved in the production of advanced materials, has announced a share buyback transaction. The company purchased 40,000 of its ordinary shares at a weighted average price of 262.1393 pence per share, with plans to cancel these shares. This move is part of a buyback program initiated in November 2024, which could impact the company’s stock value and shareholder equity.
More about Morgan Advanced Materials
YTD Price Performance: -4.60%
Average Trading Volume: 844,789
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £730.5M
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