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Morgan Advanced Materials ( (GB:MGAM) ) has provided an update.
Morgan Advanced Materials PLC has repurchased 35,879 ordinary shares through Investec Bank plc as part of its ongoing buyback program announced in November 2024. The shares were bought at a weighted average price of 267.3135 pence and are intended for cancellation, indicating a strategic move to reduce the company’s outstanding shares, potentially enhancing shareholder value.
More about Morgan Advanced Materials
YTD Price Performance: -2.21%
Average Trading Volume: 1,064,069
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £751.9M
Find detailed analytics on MGAM stock on TipRanks’ Stock Analysis page.
