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An update from UP Global Sourcing Holdings ( (GB:ULTP) ) is now available.
Ultimate Products announced that its Employee Benefit Trust purchased 37,300 ordinary shares at a price of 110.5817 pence per share. This move increases the EBT’s holding to approximately 2.83% of the company’s issued share capital, suggesting a commitment to employee incentive schemes and potentially strengthening employee loyalty and investment in the company.
More about UP Global Sourcing Holdings
Ultimate Products is a prominent homeware brand owner, founded in 1997 and headquartered in Oldham, Greater Manchester. The company owns well-known brands such as Salter and Beldray, and its products are present in nearly 80% of UK households. It operates in five key product categories and sells to over 300 retailers across 38 countries, with facilities in the UK, China, and France.
YTD Price Performance: -24.59%
Average Trading Volume: 83,160
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £95.62M
For detailed information about ULTP stock, go to TipRanks’ Stock Analysis page.
