Morgan Advanced Materials (GB:MGAM) has released an update.
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Morgan Advanced Materials PLC announced a buyback of 38,155 of its shares, which were purchased at prices ranging from 260.50 to 264.00 pence each, with a weighted average price of 261.3274 pence. The company plans to cancel these shares as part of its ongoing buyback program, potentially enhancing shareholder value by reducing the total number of outstanding shares.
For further insights into GB:MGAM stock, check out TipRanks’ Stock Analysis page.
