TI Fluid Systems plc (GB:TIFS) has released an update.
TI Fluid Systems PLC has announced the buy-back of 100,000 of its Ordinary Shares at a volume weighted average price of 130.6 GBp per share, with the intention of cancelling them, thereby reducing the total number of shares in issue to 503,077,654. This move is part of an ongoing Buy-back Programme initiated on 4 October 2023, which has seen the company repurchase a total of 17,191,487 shares to date. The company’s commitment to efficiency, performance, and sustainability is reflected in its operations across 27 countries and a history of over 100 years in the automotive supply industry.
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