UP Global Sourcing Holdings (GB:ULTP) has released an update.
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Ultimate Products PLC, renowned for owning major homeware brands like Salter and Beldray, has announced the buyback and cancellation of 14,285 of its ordinary shares at a price of 140 pence each, as part of its ongoing share buyback program. This strategic move will adjust the company’s total issued share capital to 88,036,085 ordinary shares, impacting voting rights and share value calculations for stakeholders. The purchase was facilitated through Cavendish Securities plc, underscoring the company’s continued financial maneuvering to enhance shareholder value.
For further insights into GB:ULTP stock, check out TipRanks’ Stock Analysis page.
