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Ultimate Products PLC Advances Share Buyback Program

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Ultimate Products PLC Advances Share Buyback Program

UP Global Sourcing Holdings ( (GB:ULTP) ) has issued an update.

Ultimate Products PLC has announced the purchase and cancellation of 10,300 ordinary shares as part of its ongoing share buyback program, which commenced in May 2024. This transaction reduces the company’s issued share capital to 87,192,677 ordinary shares, impacting the total voting rights and potentially affecting shareholder interests under the FCA’s Disclosure Guidance and Transparency Rules.

More about UP Global Sourcing Holdings

Ultimate Products PLC is a company specializing in homeware brands, including well-known names such as Salter and Beldray. The company operates in the homeware industry, focusing on small domestic appliances, housewares, laundry, audio, and heating and cooling products. Ultimate Products sells to over 300 retailers across 38 countries, serving a diverse range of large national and international multi-channel retailers, as well as smaller national retail chains.

YTD Price Performance: -33.14%

Average Trading Volume: 171,588

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £65.74M

For detailed information about ULTP stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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