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The latest announcement is out from Caledonia Investments ( (GB:CLDN) ).
Caledonia Investments plc has repurchased 68,739 of its own ordinary shares at an average price of 369.85 pence per share through broker Peel Hunt, and will cancel the shares, reducing its share count and potentially enhancing earnings and net asset value per share for remaining investors. Following this transaction, the company’s issued share capital now comprises 521,246,703 ordinary shares with voting rights, signalling ongoing active capital management that may support shareholder returns and underline management’s confidence in the company’s valuation.
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, offering long-term capital growth to its shareholders through active investment management across public and private markets.
Average Trading Volume: 300,378
Technical Sentiment Signal: Buy
Current Market Cap: £1.89B
See more insights into CLDN stock on TipRanks’ Stock Analysis page.