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UP Global Sourcing Holdings ( (GB:ULTP) ) has shared an announcement.
Ultimate Products PLC has executed a share buyback program, purchasing and canceling 8,500 ordinary shares at a price of 118.98 pence per share. This transaction reduces the company’s issued share capital to 87,903,810 ordinary shares, which may impact shareholder voting rights and interest calculations under FCA regulations.
More about UP Global Sourcing Holdings
Ultimate Products PLC is a company that owns several leading homeware brands, including Salter and Beldray, established in 1760 and 1872 respectively. The company specializes in five product categories: Small Domestic Appliances, Housewares, Laundry, Audio, and Heating and Cooling. Their products are sold to over 300 retailers across 38 countries, catering to a wide range of retailers from discount stores to online platforms. Headquartered in Oldham, Greater Manchester, Ultimate Products employs over 370 staff and has additional offices in Guangzhou, China, and Paris, France.
YTD Price Performance: -21.90%
Average Trading Volume: 83,650
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £99.02M
For an in-depth examination of ULTP stock, go to TipRanks’ Stock Analysis page.
