UP Global Sourcing Holdings ( (GB:ULTP) ) has provided an announcement.
Ultimate Products PLC has announced the purchase and cancellation of 9,550 ordinary shares as part of its ongoing share buyback program, which was initiated in May 2024. This transaction reduces the company’s issued share capital to 87,233,217 ordinary shares, impacting the total voting rights and potentially influencing shareholder interests under FCA regulations.
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 sells to over 300 retailers across 38 countries, catering to a wide range of retailers from large multi-channel to smaller national chains. Founded in 1997, the company is headquartered in Oldham, Greater Manchester, and employs over 370 staff.
YTD Price Performance: -31.94%
Average Trading Volume: 166,101
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £66.95M
Learn more about ULTP stock on TipRanks’ Stock Analysis page.
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