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Morgan Advanced Materials ( (GB:MGAM) ) has shared an update.
Morgan Advanced Materials PLC has executed a share buyback, acquiring 40,000 of its ordinary shares at a weighted average price of 266.6406 pence each through Investec Bank plc, as part of its buyback program announced in November 2024. The transaction is aligned with the company’s strategic objectives to enhance shareholder value by cancelling the repurchased shares, which could positively impact earnings per share and market perception.
More about Morgan Advanced Materials
YTD Price Performance: -0.37%
Average Trading Volume: 1,051,785
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £772M
See more insights into MGAM stock on TipRanks’ Stock Analysis page.
