Morgan Advanced Materials ( (GB:MGAM) ) has shared an announcement.
Morgan Advanced Materials PLC has executed a share buyback program, purchasing 24,570 of its ordinary shares at an average price of 204.7331 pence per share. This move is part of a previously announced buyback program and aims to cancel the purchased shares, potentially impacting the company’s share value and market positioning.
More about Morgan Advanced Materials
Morgan Advanced Materials PLC operates in the advanced materials industry, focusing on the development and manufacturing of high-performance materials and products. The company serves a variety of sectors, including transportation, healthcare, and industrial markets, providing solutions that enhance performance and efficiency.
YTD Price Performance: -25.18%
Average Trading Volume: 1,027,658
Technical Sentiment Signal: Buy
Current Market Cap: £570.9M
See more insights into MGAM stock on TipRanks’ Stock Analysis page.