Transaction in Own Shares

Summary by AI BETAClose X

Morgan Advanced Materials PLC announced on November 5, 2025, the purchase of 23,351 of its ordinary shares of 25 pence each on November 4, 2025, through Investec Bank plc. These shares were acquired as part of a buyback programme announced on November 5, 2024, at prices ranging from a lowest of 198.20 pence to a highest of 203.00 pence, with a volume-weighted average price of 200.9426 pence. The company intends to cancel these purchased shares, a strategic move that typically reduces the total number of outstanding shares and can positively impact earnings per share.

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