UP Global Sourcing Holdings ( (GB:ULTP) ) just unveiled an update.
Ultimate Products PLC has announced the purchase and cancellation of 9,600 ordinary shares as part of its ongoing share buyback program. This transaction will adjust the company’s issued share capital to 87,271,217 ordinary shares, impacting the total voting rights and potentially influencing shareholder interest calculations. The move is part of a strategic effort to manage the company’s capital structure and 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. Established in 1997 and headquartered in Oldham, Greater Manchester, the company specializes in five product categories: Small Domestic Appliances, Housewares, Laundry, Audio, and Heating and Cooling. Ultimate Products sells to over 300 retailers across 38 countries, catering to both large national and international multi-channel retailers as well as smaller national retail chains.
YTD Price Performance: -32.28%
Average Trading Volume: 166,479
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £66.66M
See more data about ULTP stock on TipRanks’ Stock Analysis page.
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