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Morgan Advanced Materials ( (GB:MGAM) ) has provided an announcement.
Morgan Advanced Materials PLC announced a share buyback transaction, purchasing 37,910 of its own ordinary shares at an average price of 270.93 pence per share. The company intends to cancel these shares, which is part of a broader buyback program initiated in November 2024, potentially enhancing shareholder value by reducing the number of outstanding shares.
More about Morgan Advanced Materials
Morgan Advanced Materials PLC operates in the advanced materials industry, providing a range of products and services focused on ceramic and carbon materials. The company serves various sectors including transportation, electronics, and healthcare, aiming to enhance performance and efficiency through high-performance materials.
YTD Price Performance: -0.01%
Average Trading Volume: 1,045,421
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £767.8M
See more data about MGAM stock on TipRanks’ Stock Analysis page.
