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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.