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

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Morgan Advanced Materials ( (GB:MGAM) ) has provided an update.

Morgan Advanced Materials PLC has purchased 40,000 of its ordinary shares at a weighted average price of 269.0774 pence per share, with the intention of canceling them. This transaction, executed through Investec Bank plc, is part of a buyback program announced by the company on November 5, 2024, which may impact the company’s share value and investor perception.

More about Morgan Advanced Materials

YTD Price Performance: -1.12%

Average Trading Volume: 1,026,461

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £759.6M

For detailed information about MGAM stock, go to TipRanks’ Stock Analysis page.

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