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Morgan Advanced Materials ( (GB:MGAM) ) has shared an announcement.
Morgan Advanced Materials PLC has announced the repurchase of 25,763 of its ordinary shares through Investec Bank plc, as part of its ongoing buyback program initiated on 5th November 2024. The shares were acquired at prices ranging from 268.00 to 271.00 pence, with the company planning to cancel the purchased shares, indicating a strategic move to enhance shareholder value and optimize capital structure.
More about Morgan Advanced Materials
YTD Price Performance: -0.38%
Average Trading Volume: 1,019,657
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £764.2M
For detailed information about MGAM stock, go to TipRanks’ Stock Analysis page.
