An announcement from Morgan Advanced Materials ( (GB:MGAM) ) is now available.
Morgan Advanced Materials PLC has executed a share buyback, purchasing 234,659 of its ordinary shares through Investec Bank plc, with plans to cancel these shares. This move is part of a previously announced buyback program, potentially impacting the company’s share value and market positioning by reducing the number of shares in circulation.
More about Morgan Advanced Materials
Morgan Advanced Materials PLC operates in the advanced materials industry, focusing on the production and supply of high-performance materials and components. The company is known for its expertise in ceramics, carbon, and composites, serving a range of sectors including aerospace, automotive, and healthcare.
YTD Price Performance: -21.14%
Average Trading Volume: 934,749
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £603.6M
Find detailed analytics on MGAM stock on TipRanks’ Stock Analysis page.