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Morgan Advanced Materials ( (GB:MGAM) ) has provided an announcement.
Morgan Advanced Materials PLC has announced the repurchase of 40,000 of its ordinary shares at an average price of 271.4773 pence per share, as part of a buyback program initiated in November 2024. The company plans to cancel these shares, a move that may impact its share capital structure and potentially enhance shareholder value.
More about Morgan Advanced Materials
Morgan Advanced Materials is a company that operates in the materials industry, focusing on advanced materials and related technologies. The company specializes in developing and manufacturing products that cater to various sectors, including aerospace, energy, healthcare, and transportation.
Average Trading Volume: 1,029,883
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £769.7M
See more data about MGAM stock on TipRanks’ Stock Analysis page.