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Severfield ( (GB:SFR) ) just unveiled an update.
Severfield plc has undertaken a share buy-back program, as authorized by its shareholders at the 2023 Annual General Meeting. On January 10, 2025, the company purchased 150,000 ordinary shares on the London Stock Exchange, with prices ranging from 48.00 to 48.50 pence per share. The purchased shares will be canceled, and the current total voting rights in the company amount to 296,746,987. This transaction is part of Severfield’s strategy to manage its capital structure and could impact shareholder interests.
More about Severfield
YTD Price Performance: -7.09%
Average Trading Volume: 937,378
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £136.6M
For a thorough assessment of SFR stock, go to TipRanks’ Stock Analysis page.
