TI Fluid Systems Advances Share Buy-back Plan
Company Announcements

TI Fluid Systems Advances Share Buy-back Plan

TI Fluid Systems plc (GB:TIFS) has released an update.

TI Fluid Systems plc has recently executed a share buy-back, acquiring 100,000 Ordinary Shares at prices ranging from 127.80 to 130.00 GBp per share, with the intention to cancel them. This latest transaction is part of an ongoing buy-back program initiated on 4 October 2023, which has cumulatively seen the company repurchase 17,391,487 shares at an average price of 141.92 GBp each. Post cancellation, the company’s issued share capital will consist of 502,877,654 Ordinary Shares, a figure relevant for shareholders concerning voting rights and disclosure requirements.

For further insights into GB:TIFS stock, check out TipRanks’ Stock Analysis page.

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