UP Global Sourcing Holdings ( (GB:ULTP) ) has shared an update.
Ultimate Products has announced the purchase and cancellation of 10,750 ordinary shares as part of its ongoing share buyback program, initially announced in May 2024. This transaction reduces the company’s issued share capital to 87,202,977 ordinary shares, impacting the total voting rights and potentially affecting shareholder interests under FCA regulations.
More about UP Global Sourcing Holdings
Ultimate Products is a prominent owner of leading homeware brands such as Salter and Beldray, with a significant presence in the UK and international markets. The company specializes in product categories including Small Domestic Appliances, Housewares, Laundry, Audio, and Heating and Cooling, selling to over 300 retailers across 38 countries. Founded in 1997 and headquartered in Oldham, Greater Manchester, Ultimate Products employs over 370 staff and operates additional offices in Guangzhou, China, and Paris, France.
YTD Price Performance: -31.59%
Average Trading Volume: 169,489
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £66.26M
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