Morgan Advanced Materials (GB:MGAM) has released an update.
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Morgan Advanced Materials PLC has repurchased 39,503 of its own shares at an average price of 257.10 pence per share through Investec Bank. This move is part of a buyback program announced earlier this month, aimed at reducing the company’s share capital by canceling the repurchased shares. The transaction reflects the company’s strategic focus on enhancing shareholder value.
For further insights into GB:MGAM stock, check out TipRanks’ Stock Analysis page.
