Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
UP Global Sourcing Holdings ( (GB:ULTP) ) just unveiled an announcement.
Ultimate Products PLC has undertaken a share buyback program, purchasing 25,000 of its ordinary shares for cancellation. This action, conducted through Shore Capital Stockbrokers Limited, results in an adjusted issued share capital of 87,519,892 shares, which affects the company’s total voting rights. This strategic move is likely aimed at enhancing shareholder value and could impact the company’s market positioning and stakeholder interests.
More about UP Global Sourcing Holdings
Ultimate Products PLC operates in the homeware industry, owning notable brands such as Salter and Beldray. The company focuses on small domestic appliances, housewares, laundry, audio, and heating and cooling products. It sells to over 300 retailers across 38 countries, catering to both large and small retailers, including supermarkets and online stores. Founded in 1997, Ultimate Products employs over 370 staff and is headquartered in Oldham, Greater Manchester, with additional offices in China and France.
YTD Price Performance: -28.15%
Average Trading Volume: 154,743
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £71.81M
Learn more about ULTP stock on TipRanks’ Stock Analysis page.
