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UP Global Sourcing Holdings ( (GB:ULTP) ) just unveiled an update.
Ultimate Products PLC has announced the continuation of its share buyback program, purchasing and cancelling 4,796 ordinary shares. This move adjusts the company’s issued share capital to 87,588,423 shares, affecting voting rights and shareholder interest notifications. The share buyback reflects the company’s strategic financial management aimed at enhancing shareholder value and adjusting its capital structure.
More about UP Global Sourcing Holdings
Ultimate Products PLC is a notable player in the homeware industry, owning prominent brands like Salter and Beldray. The company offers a diverse range of products across five categories: Small Domestic Appliances, Housewares, Laundry, Audio, and Heating and Cooling. Selling to over 300 retailers in 38 countries, Ultimate Products caters to a wide market from large international multi-channel retailers to smaller national chains. Established in 1997, the company operates from its headquarters in Oldham, Greater Manchester, and has a global presence with offices in China and France.
YTD Price Performance: -11.69%
Average Trading Volume: 122,706
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £90.65M
Learn more about ULTP stock on TipRanks’ Stock Analysis page.
