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SThree plc ( (GB:STEM) ) has provided an announcement.
SThree plc has announced the repurchase of 103,611 of its ordinary shares as part of its share buyback programme on the London Stock Exchange. The shares were bought at prices ranging from 250.00 pence to 257.00 pence, with a weighted average price of 254.4262 pence per share. The company intends to cancel the repurchased shares. This move is part of SThree’s strategic financial management to potentially enhance shareholder value and optimize its capital structure.
More about SThree plc
YTD Price Performance: -14.02%
Average Trading Volume: 345,605
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £338.3M
See more insights into STEM stock on TipRanks’ Stock Analysis page.