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Ultimate Products PLC Executes Share Buyback Plan
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Ultimate Products PLC Executes Share Buyback Plan

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

Ultimate Products PLC announced the execution of a share buyback program by purchasing and cancelling 25,000 of its ordinary shares, a move aimed at optimizing the company’s share capital structure. This action reduces the total number of shares to 87,544,892, impacting voting rights and potentially influencing shareholder interests as per FCA regulations.

More about UP Global Sourcing Holdings

Ultimate Products PLC is a company specializing in homeware brands, including notable names such as Salter and Beldray. Founded in 1997 and headquartered in Oldham, Greater Manchester, the company offers a diverse range of products across categories like small domestic appliances, housewares, and audio. It operates globally, selling to over 300 retailers across 38 countries, and maintains offices and showrooms in both China and France.

YTD Price Performance: -12.98%

Average Trading Volume: 125,088

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £85.93M

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

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