TI Fluid Systems plc (GB:TIFS) has released an update.
TI Fluid Systems plc has announced the purchase of 100,000 of its Ordinary Shares as part of its ongoing Share Buy-back Programme, with the intention of cancelling them to potentially boost shareholder value. After the transaction, the company will have 502,677,654 shares in issue, which will affect the total voting rights. This move follows the commencement of the programme on 4 October 2023, which has seen the company buy back shares at an average price of 141.80 GBp.
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