Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
The latest update is out from UP Global Sourcing Holdings ( (GB:ULTP) ).
Ultimate Products PLC has announced the completion of a share buyback program initiated earlier this year, purchasing and cancelling a total of 14,862 ordinary shares. This move aims to consolidate the company’s share capital, resulting in a remaining total of 87,888,948 shares, which may impact shareholder voting rights and interest notifications as per FCA regulations. The transaction reflects the company’s strategic financial management and might influence its market position and stakeholder relationships.
More about UP Global Sourcing Holdings
Ultimate Products PLC is a prominent player in the homeware industry, boasting ownership of several leading brands such as Salter and Beldray. The company caters to a wide array of retail channels including discount retailers, supermarkets, and online platforms, across 38 countries. Specializing in five product categories—Small Domestic Appliances, Housewares, Laundry, Audio, and Heating and Cooling—Ultimate Products has extensive operations in Oldham, Greater Manchester, as well as in Guangzhou, China, and Paris, France.
YTD Price Performance: -22.23%
Average Trading Volume: 85,403
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £98.59M
For detailed information about ULTP stock, go to TipRanks’ Stock Analysis page.
