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The latest announcement is out from Caledonia Investments ( (GB:CLDN) ).
Caledonia Investments plc has repurchased 20,002 of its own ordinary shares at an average price of 371.00 pence per share via Peel Hunt LLP, with all acquired shares to be cancelled. Following this buyback, the company’s issued share capital stands at 521,059,535 ordinary shares with voting rights, a move that marginally reduces the share count and may enhance earnings per share and capital allocation efficiency for existing shareholders.
The most recent analyst rating on (GB:CLDN) stock is a Buy with a £434.00 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 focused on managing a diversified portfolio of listed and unlisted assets on behalf of its shareholders, aiming to deliver long-term capital growth and income through active investment management.
Average Trading Volume: 297,000
Technical Sentiment Signal: Buy
Current Market Cap: £1.92B
For detailed information about CLDN stock, go to TipRanks’ Stock Analysis page.