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UP Global Sourcing Holdings ( (GB:ULTP) ) has issued an announcement.
Ultimate Products plc announced the repurchase and cancellation of 12,025 ordinary shares as part of its ongoing share buyback program, impacting the total voting rights in the company. This move is part of their strategic initiative to manage their share capital effectively, which could influence shareholder value and the company’s financial structure.
More about UP Global Sourcing Holdings
Ultimate Products plc is a leading company in the homeware industry, owning several renowned brands like Salter and Beldray. The company specializes in product categories such as Small Domestic Appliances, Housewares, Laundry, Audio, and Heating and Cooling. Ultimate Products distributes its products to over 300 retailers across 38 countries, catering to a diverse range of retail chains, including discount retailers, supermarkets, and online platforms. Established in 1997, the company is headquartered in Oldham, Greater Manchester, and operates additional offices in Guangzhou, China, and Paris, France.
YTD Price Performance: -4.15%
Average Trading Volume: 101,026
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £94.9M
See more data about ULTP stock on TipRanks’ Stock Analysis page.
