MTI Wireless Edge (GB:MWE) has released an update.
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MTI Wireless Edge Ltd has executed a share repurchase, buying back 25,000 of its own ordinary shares at a price of 52.25 pence each, which will now be held as treasury shares. As a result of this transaction, the company’s total voting rights count has fallen to 86,450,724. The buyback is part of MTI’s ongoing efforts to manage their share capital effectively, as they continue to focus on delivering comprehensive communication and radio frequency solutions across various sectors.
For further insights into GB:MWE stock, check out TipRanks’ Stock Analysis page.
