UP Global Sourcing Holdings ( (GB:ULTP) ) just unveiled an announcement.
Ultimate Products has announced the purchase and cancellation of 10,070 ordinary shares as part of its ongoing share buyback program. This transaction, executed through Shore Capital Stockbrokers Limited, adjusts the company’s issued share capital to 87,280,817 ordinary shares, impacting the total voting rights and potentially influencing shareholder interest calculations under FCA regulations.
More about UP Global Sourcing Holdings
Ultimate Products is a prominent player in the homeware industry, owning several leading brands such as Salter and Beldray. The company specializes in five product categories: Small Domestic Appliances, Housewares, Laundry, Audio, and Heating and Cooling. With a presence in over 38 countries, Ultimate Products sells to more than 300 retailers, including both large national and international multi-channel retailers as well as smaller chains. Established in 1997 and headquartered in Oldham, Greater Manchester, the company employs over 370 staff and has additional offices in Guangzhou, China, and Paris, France.
YTD Price Performance: -32.28%
Average Trading Volume: 166,479
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £66.66M
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