TI Fluid Systems plc (GB:TIFS) has released an update.
TI Fluid Systems plc announced the purchase of 100,000 of its own Ordinary Shares at a volume weighted average price of 136 GBp per share, as part of its ongoing Share Buy-back Programme initiated in October 2023. These shares are to be cancelled, which will leave the company with 501,577,654 Ordinary Shares in issue, this figure being relevant for shareholders’ notification requirements. Since the start of the programme, the company has bought back 18,691,487 shares at an average price of 141.35 GBp, reflecting its commitment to managing capital effectively.
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