Severfield (GB:SFR) has released an update.
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Severfield PLC has executed a share buy-back, purchasing 500,000 ordinary shares on the London Stock Exchange at an average price of 51.98 pence per share. This move is part of a previously announced program to acquire and subsequently cancel its shares, affecting the company’s total voting rights, which now stand at 299,489,142. This strategic decision may influence shareholder calculations regarding their stake in the company.
For further insights into GB:SFR stock, check out TipRanks’ Stock Analysis page.
