TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Caledonia Investments ( (GB:CLDN) ) just unveiled an update.
Caledonia Investments PLC, a prominent investment company, has announced the repurchase of 82,310 of its own ordinary shares at a price of 377.00 pence per share. This transaction, conducted through Peel Hunt LLP, will result in the cancellation of these shares, impacting the company’s issued share capital, which now stands at 522,361,865 ordinary shares with voting rights.
Spark’s Take on GB:CLDN Stock
According to Spark, TipRanks’ AI Analyst, GB:CLDN is a Outperform.
Caledonia Investments PLC has a strong financial foundation with high profitability and a robust, debt-free balance sheet. The strategic execution of share buybacks further supports shareholder value. However, mixed technical signals and a moderate valuation suggest cautious optimism. Despite some revenue volatility, the company’s financial stability positions it well in the asset management industry.
To see Spark’s full report on GB:CLDN stock, click here.
More about Caledonia Investments
Average Trading Volume: 340,275
Technical Sentiment Signal: Strong Buy
Current Market Cap: £1.99B
Find detailed analytics on CLDN stock on TipRanks’ Stock Analysis page.