UP Global Sourcing Holdings (GB:ULTP) has released an update.
Ultimate Products, known for leading homeware brands like Salter and Beldray, has announced a share buyback, with 5,700 shares purchased at 139 pence each for cancellation, which will affect the company’s total voting rights. Following the buyback, the company’s issued share capital will consist of 88,628,572 Ordinary Shares. The move is part of a strategic effort to enhance shareholder value and comes amidst the company’s continued growth, selling to over 300 retailers in 38 countries.
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