Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
UP Global Sourcing Holdings ( (GB:ULTP) ) has issued an announcement.
Ultimate Products PLC has announced the purchase and cancellation of 18,025 ordinary shares as part of its share buyback program, a move that reduces its issued share capital to 87,716,770 shares. This strategic financial decision is likely to impact shareholder voting rights and aligns with the company’s efforts to optimize capital structure, potentially enhancing shareholder value.
More about UP Global Sourcing Holdings
Ultimate Products PLC is a prominent player in the homeware industry, owning various leading brands such as Salter and Beldray. The company offers a wide range of products across five categories: Small Domestic Appliances, Housewares, Laundry, Audio, and Heating and Cooling. With a strong market presence, Ultimate Products sells to over 300 retailers in 38 countries and operates showrooms in the UK, China, and France.
YTD Price Performance: -9.97%
Average Trading Volume: 106,412
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £91.21M
See more data about ULTP stock on TipRanks’ Stock Analysis page.
