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Morgan Advanced Materials Executes Share Buyback
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Morgan Advanced Materials Executes Share Buyback

Story Highlights
  • Morgan Advanced Materials PLC purchased 37,399 shares at an average price of 273.4052 pence.
  • The company will cancel the purchased shares, affecting shareholder value and perceptions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

An announcement from Morgan Advanced Materials ( (GB:MGAM) ) is now available.

Morgan Advanced Materials PLC has completed a share buyback transaction, purchasing 37,399 of its ordinary shares at prices ranging from 272 to 276 pence per share, with a weighted average price of 273.4052 pence. This buyback is part of a previously announced programme and the company plans to cancel these shares, potentially impacting shareholder value and market perceptions by reducing the total number of shares outstanding.

More about Morgan Advanced Materials

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.

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