tiprankstipranks
Company Announcements

Uniphar PLC Executes Share Buyback to Optimize Capital Structure

Story Highlights
Uniphar PLC Executes Share Buyback to Optimize Capital Structure

Uniphar PLC ( (GB:UPR) ) just unveiled an announcement.

Uniphar PLC has executed a share buyback transaction, purchasing 162,460 of its ordinary shares on Euronext Dublin, as part of its previously announced buyback program. The shares, bought at prices ranging from €2.6700 to €2.6950, will be cancelled, reducing the total number of shares in issue to 259,633,757. This move is part of Uniphar’s strategy to optimize its capital structure, potentially enhancing shareholder value and market confidence.

More about Uniphar PLC

Uniphar PLC operates in the healthcare sector, providing a range of services and products primarily focused on pharmaceutical distribution and supply chain solutions. The company is known for its market presence in Europe, particularly in Ireland and the UK, where it serves a diverse range of healthcare providers and stakeholders.

YTD Price Performance: 26.32%

Average Trading Volume: 33,352

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £576M

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

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App