Severfield Plc (GB:SFR) has released an update.
Severfield plc has announced the purchase of 25,000 of its own ordinary shares at an average price of 71.60 pence per share, which were bought on the London Stock Exchange through Liberum Capital Limited. The company plans to cancel these shares, which will affect the total number of voting rights, now standing at 308,873,552. This move by Severfield falls under the share buy-back program announced previously and aligns with the authority granted by shareholders at the 2023 AGM.
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