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Aptitude Software Buys Back 15,000 Shares Under Ongoing Repurchase Programme

Story Highlights
  • Aptitude Software repurchased 15,000 shares for treasury under its buyback programme.
  • The buyback lifts treasury holdings to 658,900 shares and trims issued capital to 55.45m.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Aptitude Software Buys Back 15,000 Shares Under Ongoing Repurchase Programme

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The latest update is out from Aptitude Software Group plc ( (GB:APTD) ).

Aptitude Software Group plc has repurchased 15,000 ordinary shares on the London Stock Exchange under its ongoing share buyback programme, paying a volume-weighted average price of 289 pence per share, with the shares to be held in treasury. Following this transaction, Aptitude now holds 658,900 shares in treasury and has reduced its issued share capital to 55,452,064 shares, a move that can marginally enhance per-share metrics and signals continued capital management discipline to shareholders while providing an updated reference point for regulatory disclosure thresholds.

The most recent analyst rating on (GB:APTD) stock is a Buy with a £326.00 price target. To see the full list of analyst forecasts on Aptitude Software Group plc stock, see the GB:APTD Stock Forecast page.

Spark’s Take on GB:APTD Stock

According to Spark, TipRanks’ AI Analyst, GB:APTD is a Outperform.

Aptitude Software Group plc shows strong financial health and strategic capital management through share buybacks, which are significant positives. However, technical indicators suggest a neutral to slightly cautious outlook, and the high P/E ratio indicates potential overvaluation. The absence of earnings call data limits insights into future guidance.

To see Spark’s full report on GB:APTD stock, click here.

More about Aptitude Software Group plc

Aptitude Software Group plc is a market-leading provider of finance transformation software solutions focused on delivering fully autonomous finance for corporate clients. Its flagship platform, Fynapse, is an intelligent finance data management and accounting system designed to boost productivity, reduce costs and provide a unified, high-performance view of finance and business data for finance teams worldwide.

Average Trading Volume: 26,891

Technical Sentiment Signal: Strong Sell

Current Market Cap: £159.6M

Find detailed analytics on APTD stock on TipRanks’ Stock Analysis page.

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