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Caledonia Investments Buys Back and Cancels 10,000 Own Shares

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Caledonia Investments Buys Back and Cancels 10,000 Own Shares

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Caledonia Investments ( (GB:CLDN) ) has provided an announcement.

Caledonia Investments plc has repurchased 10,000 of its own ordinary shares at an average price of 381.20 pence per share through Peel Hunt LLP, and the shares will be cancelled. Following this transaction, the company’s issued share capital now comprises 521,565,445 ordinary shares with voting rights, marginally enhancing existing shareholders’ proportional ownership and reflecting ongoing active capital management by the board.

The most recent analyst rating on (GB:CLDN) stock is a Buy with a £429.00 price target. To see the full list of analyst forecasts on Caledonia Investments stock, see the GB:CLDN Stock Forecast page.

Spark’s Take on GB:CLDN Stock

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

The score is driven primarily by strong underlying financial quality (especially the low-leverage balance sheet) and a supportive valuation (low P/E with a moderate yield). The latest earnings update was constructive with solid returns and strong liquidity, while the main offset is volatility in earnings/cash flow and only neutral-to-mild technical momentum.

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

More about Caledonia Investments

Caledonia Investments plc is a UK-based investment trust company that manages a diversified portfolio of assets, providing long-term capital growth for its shareholders. It invests across a range of sectors and asset classes, primarily targeting businesses and investments that can deliver sustainable returns over time.

Average Trading Volume: 319,042

Technical Sentiment Signal: Buy

Current Market Cap: £1.98B

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

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