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SThree plc Executes Share Buyback on London Stock Exchange

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SThree plc Executes Share Buyback on London Stock Exchange

SThree plc ( (GB:STEM) ) has issued an update.

SThree plc has announced a transaction involving the repurchase of 64,179 of its ordinary shares on the London Stock Exchange as part of its share buyback programme. The company intends to cancel these shares, which were bought at prices ranging from 246.50 to 252.00 pence, with a weighted average price of 248.4533 pence. This move is part of SThree’s strategy to manage its capital structure and potentially enhance shareholder value.

More about SThree plc

YTD Price Performance: -15.88%

Average Trading Volume: 352,121

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £327.2M

Find detailed analytics on STEM stock on TipRanks’ Stock Analysis page.

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