UP Global Sourcing Holdings (GB:ULTP) has released an update.
Ultimate Products PLC, the owner of recognized homeware brands such as Salter and Beldray, has announced a share buyback programme, with 14,750 ordinary shares recently purchased for cancellation at a volume weighted average price of 139.88 pence each. The buyback will result in a revised issued share capital of 88,804,322 Ordinary Shares, with the figure also representing the new total voting rights for shareholders. This strategic financial move underlines the company’s ongoing efforts to manage its capital effectively.
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