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Ultimate Products Executes Share Buyback Program

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Ultimate Products Executes Share Buyback Program

UP Global Sourcing Holdings ( (GB:ULTP) ) has shared an announcement.

Ultimate Products has executed a share buyback, purchasing 8,975 ordinary shares for cancellation as part of its ongoing program initiated in May 2024. This move affects the company’s total voting rights, now consisting of 87,346,792 shares, providing stakeholders with updated information for their 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, with a presence in over 300 retailers across 38 countries. The company specializes in five product categories: Small Domestic Appliances, Housewares, Laundry, Audio, and Heating and Cooling, and is headquartered in Oldham, Greater Manchester.

YTD Price Performance: -25.73%

Average Trading Volume: 161,019

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £76.48M

For detailed information about ULTP stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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