Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Morgan Advanced Materials ( (GB:MGAM) ) just unveiled an announcement.
Morgan Advanced Materials PLC announced a share buyback, purchasing 38,481 of its ordinary shares at a weighted average price of 263.526 pence, intending to cancel them. This buyback is part of a program initially announced in November 2024, and it demonstrates the company’s efforts to manage capital effectively, potentially increasing shareholder value and impacting its market standing positively.
More about Morgan Advanced Materials
Morgan Advanced Materials PLC operates in the advanced materials industry, focusing on the production and supply of highly engineered materials used in a wide range of industries including aerospace, automotive, and healthcare. The company is known for its expertise in creating materials that provide high-performance solutions to complex engineering challenges, with a strong market focus on innovation and quality.
YTD Price Performance: -6.80%
Average Trading Volume: 1,102,162
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £716.4M
Learn more about MGAM stock on TipRanks’ Stock Analysis page.
