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Avation PLC Announces Share Repurchase and Voting Rights Update

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Avation PLC Announces Share Repurchase and Voting Rights Update

Elevate Your Investing Strategy:

Avation ( (GB:AVAP) ) has shared an announcement.

Avation PLC has announced the repurchase of 215,000 ordinary shares at 160 pence per share, which will be held in treasury. This transaction adjusts the total number of voting rights in the company to 66,373,757, impacting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:AVAP) stock is a Buy with a £285.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.

Spark’s Take on GB:AVAP Stock

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

Avation’s strong valuation and positive technical indicators support a robust outlook. Despite financial performance challenges with leverage and revenue volatility, operational improvements and strategic cash flow management enhance the company’s potential for growth.

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

More about Avation

Avation PLC is an aircraft leasing company based in Singapore, specializing in owning and managing a fleet of commercial passenger aircraft which it leases to airlines globally.

Average Trading Volume: 192,156

Technical Sentiment Signal: Buy

Current Market Cap: £106.5M

For detailed information about AVAP stock, go to TipRanks’ Stock Analysis page.

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