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Ultimate Products PLC Advances Share Buyback Program

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Ultimate Products PLC Advances Share Buyback Program

An announcement from UP Global Sourcing Holdings ( (GB:ULTP) ) is now available.

Ultimate Products PLC has announced the purchase and cancellation of 10,050 ordinary shares as part of its ongoing share buyback program. This transaction reduces the company’s issued share capital to 87,152,477 ordinary shares, impacting the total voting rights and potentially affecting shareholder interests under the FCA’s regulations.

More about UP Global Sourcing Holdings

Ultimate Products PLC is a company specializing in homeware brands, including Salter and Beldray, with a market presence in over 38 countries. The company focuses on product categories such as small domestic appliances, housewares, laundry, audio, and heating and cooling. Founded in 1997, it operates from its headquarters in Oldham, Greater Manchester, and has additional offices in Guangzhou, China, and Paris, France.

YTD Price Performance: -33.23%

Average Trading Volume: 170,461

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £65.55M

Learn more about ULTP stock on TipRanks’ Stock Analysis page.

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