tiprankstipranks
Morgan Advanced Materials Announces Share Buyback Transaction
Company Announcements

Morgan Advanced Materials Announces Share Buyback Transaction

Story Highlights

Invest with Confidence:

Morgan Advanced Materials ( (GB:MGAM) ) just unveiled an announcement.

Morgan Advanced Materials PLC announced the purchase of 32,607 of its own ordinary shares through Investec Bank plc as part of a previously announced buyback program. The transaction, completed on January 3, 2025, aims to cancel the acquired shares, potentially enhancing shareholder value and reflecting the company’s confidence in its current market position.

More about Morgan Advanced Materials

Morgan Advanced Materials PLC operates in the advanced materials industry, focusing on the production of highly engineered materials for diverse applications across multiple sectors. The company provides solutions for sectors including healthcare, transportation, and electronics, leveraging its expertise in ceramics, carbon, and composites.

YTD Price Performance: 0%

Average Trading Volume: 1,033,534

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £769.2M

See more data about MGAM stock on TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App

Latest News Feed

More Articles