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Ultimate Products Executes Share Buyback, Cancels 10,000 Ordinary Shares
Company Announcements

Ultimate Products Executes Share Buyback, Cancels 10,000 Ordinary Shares

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UP Global Sourcing Holdings ( (GB:ULTP) ) has provided an update.

Ultimate Products has announced the purchase and cancellation of 10,000 ordinary shares as part of its ongoing share buyback program. This transaction reduces the company’s issued share capital to 87,766,150 ordinary shares, impacting the total voting rights available to shareholders and aligning with the company’s strategic financial management goals.

More about UP Global Sourcing Holdings

Ultimate Products is a significant player in the homeware industry, owning well-known 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 supplies to more than 300 retailers, including large multi-channel and smaller national retail chains.

YTD Price Performance: -9.11%

Average Trading Volume: 104,116

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £92.75M

See more data about ULTP stock on TipRanks’ Stock Analysis page.

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