Dowlais Group PLC Share Buyback UpdateDowlais Group PLC Share Buyback Update Dowlais Group PLC (GB:DWL) has completed a share buyback, acquiring 182,084 of its ordinary shares for prices between 69.05 and 71.70 pence. The purpose of the repurchase is to cancel the acquired shares. This transaction forms part of a larger £50 million share buyback program. Post-transaction, the company holds 1,378,672,137 ordinary shares in issue with an equal number of voting rights. This buyback may impact shareholders’ notification requirements under the FCA’s Disclosure Guidance and Transparency Rules. For more information on GB:DWL, refer to TipRanks’ Stock Analysis page.
Dowlais Group PLC (GB:DWL) has released an update.
Dowlais Group PLC has recently executed a share buy-back, purchasing 182,084 of its own ordinary shares at prices ranging from 69.05 to 71.70 pence, with the intention to cancel these shares. Following the transaction, which is part of a £50 million share buy-back programme, the company will have 1,378,672,137 ordinary shares in issue, and the same number of voting rights. This move may influence shareholders’ notification requirements under the FCA’s Disclosure Guidance and Transparency Rules.
For further insights into GB:DWL stock, check out TipRanks’ Stock Analysis page.
