UP Global Sourcing Holdings (GB:ULTP) has released an update.
Ultimate Products plc, the company behind renowned homeware brands like Salter and Beldray, has recently bought back and canceled 35,000 of its own shares at a price of 156 pence each. Following this transaction, the firm’s issued share capital is now 88,933,557 shares, which sets the new denominator for shareholders to calculate their percentage holdings. The company’s extensive portfolio is present in nearly 80% of UK households, underscoring its significant market penetration.
For further insights into GB:ULTP stock, check out TipRanks’ Stock Analysis page.
