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UP Global Sourcing Holdings ( (GB:ULTP) ) has issued an update.
Ultimate Products PLC announced the purchase and cancellation of 28,276 ordinary shares as part of its ongoing share buyback program. This transaction reduces the company’s total share capital to 87,845,172 ordinary shares, impacting its total voting rights and potentially affecting shareholders’ calculations under the FCA’s Disclosure Guidance and Transparency Rules.
More about UP Global Sourcing Holdings
Ultimate Products PLC is a leading owner of several homeware brands, including Salter, the UK’s oldest houseware brand, and Beldray, a brand in laundry, floor care, heating, and cooling. The company specializes in product categories such as Small Domestic Appliances, Housewares, Laundry, Audio, and Heating and Cooling, selling to over 300 retailers in 38 countries. Founded in 1997, it employs over 370 staff and is headquartered in Oldham, Greater Manchester, with additional offices in Guangzhou, China, and Paris, France.
YTD Price Performance: -22.23%
Average Trading Volume: 90,039
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £98.62M
For a thorough assessment of ULTP stock, go to TipRanks’ Stock Analysis page.
