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Morgan Advanced Materials Initiates Share Buyback

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Morgan Advanced Materials Initiates Share Buyback

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Morgan Advanced Materials ( (GB:MGAM) ) just unveiled an update.

Morgan Advanced Materials PLC, a company specializing in advanced materials, has executed a share buyback programme. The company repurchased 38,440 ordinary shares at an average price of 268.0818 pence per share through Investec Bank plc and intends to cancel these shares. This strategic move aligns with their previously announced buyback program and may influence market perceptions and shareholder value.

More about Morgan Advanced Materials

YTD Price Performance: -3.86%

Average Trading Volume: 1,018,725

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £737.3M

Learn more about MGAM stock on TipRanks’ Stock Analysis page.

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