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UIL Limited Reduces Share Count with Recent Buyback

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UIL Limited Reduces Share Count with Recent Buyback

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UIL Ltd ( (GB:UTL) ) has provided an announcement.

UIL Limited announced the repurchase and cancellation of 19,049 ordinary shares at a price of 115.95p each, reducing the total number of shares with voting rights to 93,133,335. This transaction may affect shareholder calculations for interest notifications under the FCA’s Disclosure and Transparency Rules, impacting the company’s share structure and potentially influencing shareholder dynamics.

More about UIL Ltd

YTD Price Performance: 7.41%

Average Trading Volume: 7,784

Technical Sentiment Consensus Rating: Sell

See more insights into UTL stock on TipRanks’ Stock Analysis page.

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