Epwin Group Plc Makes Strides in Share Repurchase Programme with Latest Buyback
Furthering its dynamic business strategy, the Epwin Group marked another milestone as it executed the purchase of 15,000 Ordinary Shares. The transaction, which was carried out through Shore Capital, reflects the company’s commitment to its share repurchase programme. Initiated in November 2023 and extended twice since, the ongoing initiative aims to optimise the company’s financial structure.
The shares, each valued at 0.05 pence, were bought for 94.5 pence per share, highlighting the robustness of Epwin’s stock. The company stated the purchased shares would be cancelled as part of their intended treatment plan. Following this initiative, the Group’s total issued share capital will stand at 136,128,395 Ordinary Shares.
In light of the Group’s strategic approach towards enhancing shareholder value, the figure may serve as an important reference point for shareholders to decide if they are required to disclose a change in their interest in the company under the FCA’s Disclosure and Transparency Rules. The Group, actively involved in the Improvement (RMI), new build and social housing sectors, holds a significant position in the market, highlighting its robust product portfolio and its commitment to delivering energy-efficient building solutions coupled with low maintenance costs.
Epwin Group, domiciled in the United Kingdom, leads its operations based on a vision of energy efficiency and low maintenance. With this latest move in the share repurchase programme, the Group continues to make strides towards achieving its corporate objectives, thus reinforcing its position as a leading player in the market.
- •Transaction in Own Shares investegate.co.uk16-04-2025