UP Global Sourcing Holdings (GB:ULTP) has released an update.
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Ultimate Products plc has announced the completion of a share buyback program, where it bought and cancelled 8,841 of its own ordinary shares at a price of 140.3 pence each. This buyback has adjusted the company’s total issued share capital to 88,064,554 shares, which will also be the new denominator for shareholders to calculate their percentage holdings. The company, known for owning several leading homeware brands and selling to over 300 retailers worldwide, emphasizes its strong market presence with a product in nearly 80% of UK households.
For further insights into GB:ULTP stock, check out TipRanks’ Stock Analysis page.
