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An update from UP Global Sourcing Holdings ( (GB:ULTP) ) is now available.
Ultimate Products PLC has executed a share buyback program, purchasing 13,032 ordinary shares for cancellation, as part of its strategic financial management. This move will adjust the company’s total voting rights to 87,569,892 shares, impacting shareholder calculations under FCA guidelines and potentially strengthening the company’s market position.
More about UP Global Sourcing Holdings
Ultimate Products PLC is a prominent player in the homeware industry, owning well-known brands such as Salter and Beldray. The company offers a diverse range of products across five categories, including small domestic appliances, housewares, laundry, audio, and heating and cooling, selling to over 300 retailers in 38 countries. Established in 1997 and headquartered in Oldham, Greater Manchester, Ultimate Products employs over 370 staff and maintains additional offices in Guangzhou, China, and Paris, France.
YTD Price Performance: -8.68%
Average Trading Volume: 122,757
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £89.35M
For a thorough assessment of ULTP stock, go to TipRanks’ Stock Analysis page.
