Ti Fluid Systems (GB:TIFS) has released an update.
TI Fluid Systems has executed a share buy-back, purchasing 250,000 of its own Ordinary Shares at a volume weighted average price of 147.60 GBp, with the intention of cancelling them, thus reducing the total number of shares in issue and consequently altering the share capital structure. This move follows the commencement of a buy-back programme announced in October 2023, with the company having acquired over 10 million shares to date. As a global supplier of fluid system solutions, TI Fluid Systems continues to adjust its capital in alignment with its long-term strategic goals.
For further insights into GB:TIFS stock, check out TipRanks’ Stock Analysis page.