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UP Global Sourcing Holdings ( (GB:ULTP) ) just unveiled an announcement.
Ultimate Products PLC has announced the purchase and cancellation of 8,753 ordinary shares as part of its ongoing share buyback program. This move is expected to impact the company’s total voting rights, reflecting in the issued share capital of 87,912,310 ordinary shares. This strategic initiative may strengthen the company’s market position and provide value to shareholders.
More about UP Global Sourcing Holdings
Ultimate Products PLC is a leading homeware brand owner, offering a range of products including Salter, the UK’s oldest houseware brand, and Beldray. The company specializes in small domestic appliances, housewares, laundry, audio, and heating and cooling solutions, serving over 300 retailers across 38 countries from its headquarters in Oldham, Greater Manchester.
YTD Price Performance: -20.72%
Average Trading Volume: 85,691
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £100.5M
For a thorough assessment of ULTP stock, go to TipRanks’ Stock Analysis page.