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Caledonia Investments Buys Back and Cancels 68,013 Shares

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Caledonia Investments Buys Back and Cancels 68,013 Shares

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

Caledonia Investments has repurchased 68,013 of its ordinary shares at an average price of 373.22 pence per share via broker Peel Hunt LLP, with the company confirming that the bought-back shares will be cancelled. Following this transaction, Caledonia’s issued share capital now stands at 521,178,690 ordinary shares with voting rights, marginally reducing its share count and signaling ongoing active capital management 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-listed investment company that manages a diversified portfolio of assets, with its ordinary shares traded on the London market and carrying full voting rights for shareholders.

YTD Price Performance: -1.84%

Average Trading Volume: 299,576

Technical Sentiment Signal: Buy

Current Market Cap: £1.94B

See more insights into CLDN stock on TipRanks’ Stock Analysis page.

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