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Morgan Advanced Materials ( (GB:MGAM) ) has shared an announcement.
Morgan Advanced Materials PLC has executed a share buyback program, purchasing 40,000 of its ordinary shares on February 4, 2025, at an average price of 266.7917 pence per share. This initiative, part of a program announced in November 2024, is intended to cancel the purchased shares, potentially impacting the company’s share capital structure and shareholder value.
More about Morgan Advanced Materials
Morgan Advanced Materials PLC operates in the advanced materials industry, specializing in products and services that cater to high-performance materials sectors. The company’s market focus includes developing solutions for thermal management, electrical carbon, and technical ceramics.
YTD Price Performance: -1.65%
Average Trading Volume: 1,021,749
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £747.6M
Find detailed analytics on MGAM stock on TipRanks’ Stock Analysis page.
