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Ultimate Products PLC Enhances Shareholder Value with Share Buyback
Company Announcements

Ultimate Products PLC Enhances Shareholder Value with Share Buyback

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Invest with Confidence:

UP Global Sourcing Holdings ( (GB:ULTP) ) just unveiled an announcement.

Ultimate Products PLC announced the purchase and cancellation of 14,000 ordinary shares as part of its ongoing share buyback program, impacting the company’s total voting rights to 87,593,219 shares. This strategic move reflects the company’s commitment to managing its share capital efficiently, potentially enhancing shareholder value and influencing market perception.

More about UP Global Sourcing Holdings

Ultimate Products PLC is a company specializing in homeware brands, including Salter and Beldray. It markets a wide range of products such as small domestic appliances, housewares, laundry, audio, and heating and cooling solutions. The company sells to over 300 retailers across 38 countries and is headquartered in Oldham, Greater Manchester, with additional offices in Guangzhou, China, and Paris, France.

YTD Price Performance: -8.25%

Average Trading Volume: 123,500

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £90.65M

See more data about ULTP stock on TipRanks’ Stock Analysis page.

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