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Severfield Executes Share Buy-Back, Cancelling 100,000 Shares
Company Announcements

Severfield Executes Share Buy-Back, Cancelling 100,000 Shares

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Severfield ( (GB:SFR) ) has issued an announcement.

Severfield PLC has executed a share buy-back transaction, purchasing 100,000 of its ordinary shares at an average price of 50.10 pence per share on the London Stock Exchange. This transaction, part of a previously announced program, results in the cancellation of the purchased shares, which will adjust the total number of voting rights and could impact shareholder interests as per regulatory guidelines.

More about Severfield

Severfield PLC operates in the construction industry, specializing in the design, manufacturing, and installation of structural steelwork. The company serves various sectors, including commercial, industrial, and infrastructure projects, positioning itself as a leading structural steel group in the UK.

YTD Price Performance: -2.33%

Average Trading Volume: 959,546

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £152.6M

For an in-depth examination of SFR stock, go to TipRanks’ Stock Analysis page.

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