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TI Fluid Systems Advances Share Buy-back Plan
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TI Fluid Systems Advances Share Buy-back Plan

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

TI Fluid Systems plc has announced the purchase of 100,000 of its own Ordinary Shares as part of its ongoing Buy-back Programme, with the intention to cancel these shares, thereby reducing the total number of voting rights and shares in issue to 501,977,654. This action is consistent with the company’s previously disclosed strategy to manage its share capital, having bought a total of 18,291,487 shares since the programme’s inception on October 4, 2023. TI Fluid Systems, known for its thermal and fluid system solutions for the automotive industry, operates in 27 countries and continues to focus on efficiency, performance, and sustainability.

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

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