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Caledonia Investments ( (GB:CLDN) ) has issued an announcement.
Caledonia Investments PLC has announced the repurchase of 32,988 of its own ordinary shares at a price of 374.00 pence per share. This transaction will result in the cancellation of these shares, impacting the company’s total share capital, which now includes 525,742,544 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: 309,773
Technical Sentiment Signal: Buy
Current Market Cap: £1.99B
See more insights into CLDN stock on TipRanks’ Stock Analysis page.