Morgan Advanced Materials ( (GB:MGAM) ) has shared an update.
Morgan Advanced Materials PLC has repurchased 22,988 of its ordinary shares at prices ranging from 213.50 to 217.50 pence per share, with a weighted average price of 215.7765 pence. The company plans to cancel these shares, which is part of a buyback program announced in November 2024, potentially impacting its share value and benefiting stakeholders 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 of high-performance materials and components. The company serves a variety of markets, including aerospace, automotive, and healthcare, providing solutions that enhance performance and efficiency.
YTD Price Performance: -21.14%
Average Trading Volume: 1,008,484
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £602.5M
For an in-depth examination of MGAM stock, go to TipRanks’ Stock Analysis page.
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