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Redde Northgate Executes Share Buyback

Redde Northgate Executes Share Buyback

Redde Northgate Plc (GB:REDD) has released an update.

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Redde Northgate Plc has actively engaged in its stock buyback program, purchasing 50,000 of its own ordinary shares on May 14, 2024, to be held in treasury. The buyback took place at prices ranging from 404.5 to 408 pence per share, reflecting the company’s strategy to drive shareholder value through sustainable growth. This move is part of Redde Northgate’s larger mission to provide comprehensive mobility solutions and maintain its position as a market leader.

For further insights into GB:REDD stock, check out TipRanks’ Stock Analysis page.

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