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Ultimate Products Executes Share Buyback, Impacting Voting Rights
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Ultimate Products Executes Share Buyback, Impacting Voting Rights

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Invest with Confidence:

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

Ultimate Products has announced the purchase and cancellation of 15,924 ordinary shares as part of its share buyback program, initially announced in May 2024. This transaction reduces the company’s total voting rights, potentially affecting shareholder interests, and aligns with regulations under the FCA’s Disclosure Guidance and Transparency Rules.

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, and sells to over 300 retailers in 38 countries. Established in 1997, it operates from its headquarters in Oldham, Greater Manchester, and maintains offices in China and France.

YTD Price Performance: -6.52%

Average Trading Volume: 122,045

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £92.44M

Find detailed analytics on ULTP stock on TipRanks’ Stock Analysis page.

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