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Morgan Advanced Materials ( (GB:MGAM) ) has provided an announcement.
Morgan Advanced Materials PLC has announced the repurchase of 37,433 of its ordinary shares at an average price of 268.2737 pence. This action is part of a previously announced buyback program, with the intention to cancel the purchased shares, potentially enhancing shareholder value and optimizing the company’s capital structure.
More about Morgan Advanced Materials
Morgan Advanced Materials PLC operates in the advanced materials industry, focusing primarily on developing and producing high-specification products engineered for harsh and demanding environments. The company’s offerings cater to various sectors, including aerospace, automotive, and electronics, providing solutions that enhance performance and reliability.
YTD Price Performance: -0.75%
Average Trading Volume: 1,021,694
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £762.6M
See more data about MGAM stock on TipRanks’ Stock Analysis page.
