An announcement from Morgan Advanced Materials ( (GB:MGAM) ) is now available.
Morgan Advanced Materials PLC has announced the purchase of 22,777 of its ordinary shares through Investec Bank plc, with the intention to cancel these shares. This transaction is part of a buyback program initiated in November 2024, reflecting the company’s strategic financial management and potentially impacting shareholder value by reducing the number of shares in circulation.
More about Morgan Advanced Materials
YTD Price Performance: -21.88%
Average Trading Volume: 935,288
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £602.2M
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