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Ultimate Products Advances Share Buyback Program with Recent Share Cancellation

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Ultimate Products Advances Share Buyback Program with Recent Share Cancellation

UP Global Sourcing Holdings ( (GB:ULTP) ) has issued an announcement.

Ultimate Products has announced the purchase and cancellation of 9,300 ordinary shares as part of its ongoing share buyback program. This move reduces the company’s issued share capital to 87,261,917 ordinary shares, impacting the total voting rights and potentially affecting shareholder interests under the FCA’s Disclosure Guidance and Transparency Rules.

More about UP Global Sourcing Holdings

Ultimate Products is a company that owns several leading homeware brands, including Salter and Beldray. It specializes in five product categories: Small Domestic Appliances, Housewares, Laundry, Audio, and Heating and Cooling. The company sells to over 300 retailers across 38 countries and is headquartered in Oldham, Greater Manchester, with additional offices in Guangzhou, China, and Paris, France.

YTD Price Performance: -32.97%

Average Trading Volume: 167,125

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £71.73M

Find detailed analytics on ULTP stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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