An update from Morgan Advanced Materials ( (GB:MGAM) ) is now available.
Morgan Advanced Materials PLC has executed a share buyback, purchasing 21,305 of its ordinary shares at prices ranging from 205.50 to 208.50 pence per share, with a weighted average price of 206.4046 pence. This move is part of a previously announced buyback program, and the company intends to cancel the purchased shares, potentially impacting its share capital structure and shareholder value.
More about Morgan Advanced Materials
Morgan Advanced Materials PLC operates in the advanced materials industry, focusing on the development and manufacturing of products made from carbon, ceramics, and other advanced materials. The company serves a variety of markets, including industrial, transportation, and healthcare, providing solutions that enhance the performance and efficiency of its clients’ applications.
YTD Price Performance: -24.45%
Average Trading Volume: 951,322
Technical Sentiment Signal: Buy
Current Market Cap: £576.8M
For a thorough assessment of MGAM stock, go to TipRanks’ Stock Analysis page.
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