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Severfield ( (GB:SFR) ) just unveiled an update.
Severfield plc has announced the purchase of 165,000 ordinary shares, as part of its share buy-back program, at an average price of 47.00 pence per share on the London Stock Exchange. This transaction, authorized at the 2023 AGM, aims to cancel the shares to potentially improve shareholder value. The total number of voting rights in the company now stands at 296,481,987, allowing shareholders to evaluate their interests as per financial regulations.
More about Severfield
Severfield plc operates in the construction and engineering industry, specializing in the design, fabrication, and erection of structural steelwork. The company is known for providing steel solutions for a range of projects, including industrial buildings, commercial premises, and infrastructure works primarily in the UK market.
YTD Price Performance: -7.29%
Average Trading Volume: 927,437
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £136.2M
See more insights into SFR stock on TipRanks’ Stock Analysis page.
