UP Global Sourcing Holdings ( (GB:ULTP) ) has shared an announcement.
Ultimate Products has announced the purchase and cancellation of 9,000 ordinary shares as part of its ongoing share buyback program originally announced in May 2024. The cancellation of these shares adjusts the company’s total voting rights and share capital to 87,337,792 ordinary shares, which could impact shareholder calculations regarding their interests in the company.
More about UP Global Sourcing Holdings
Ultimate Products PLC is a prominent owner of several leading homeware brands, including Salter, the UK’s oldest houseware brand, and Beldray. The company specializes in five product categories: Small Domestic Appliances, Housewares, Laundry, Audio, and Heating and Cooling. Its products are sold to over 300 retailers across 38 countries, targeting both large national and international multi-channel retailers, as well as smaller national retail chains, incorporating discount retailers, supermarkets, general retailers, and online retailers. Established in 1997, the company has headquarters in Oldham, Greater Manchester, and employs over 370 staff.
YTD Price Performance: -25.05%
Average Trading Volume: 160,664
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £73.82M
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