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An update from Severfield ( (GB:SFR) ) is now available.
Severfield plc has repurchased 50,000 of its own ordinary shares at a price of 49 pence each on the London Stock Exchange, as part of a share buy-back program authorized by shareholders. The company plans to cancel these shares, which will adjust its total voting rights to 296,431,987, a figure that shareholders can use for regulatory notification purposes. This move is a strategic financial decision likely aimed at optimizing capital structure and enhancing shareholder value.
More about Severfield
Severfield plc operates in the construction and engineering industry, specializing in the design, fabrication, and erection of structural steelwork. The company focuses on delivering high-quality steel structures for various sectors including commercial, industrial, and infrastructure projects, primarily in the UK market.
YTD Price Performance: -4.29%
Average Trading Volume: 932,689
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £140.6M
See more data about SFR stock on TipRanks’ Stock Analysis page.
