UP Global Sourcing Holdings ( (GB:ULTP) ) has shared an announcement.
Ultimate Products PLC has announced the purchase and cancellation of 9,100 ordinary shares as part of its ongoing share buyback program. This transaction, executed through Shore Capital Stockbrokers Limited, adjusts the company’s total issued share capital to 87,310,287 ordinary shares. The move is part of a strategic effort to manage the company’s share capital and potentially enhance shareholder value.
More about UP Global Sourcing Holdings
Ultimate Products PLC 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. It serves over 300 retailers across 38 countries and is headquartered in Oldham, Greater Manchester, with additional offices in Guangzhou, China, and Paris, France.
YTD Price Performance: -27.11%
Average Trading Volume: 163,238
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £71.77M
For an in-depth examination of ULTP stock, go to TipRanks’ Stock Analysis page.
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