UP Global Sourcing Holdings (GB:ULTP) has released an update.
Ultimate Products PLC, the owner of historic UK homeware brands, has announced the buyback and cancellation of 10,200 of its ordinary shares at a price of 142.7 pence per share, as part of its share buyback program initiated on 10 May 2024. The transaction decreases the company’s issued share capital to 88,733,472 ordinary shares, which will affect the total voting rights and shareholding calculations. This move is part of the company’s strategy to manage its capital and provide shareholder value.
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