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The latest announcement is out from Conduit Holdings Ltd ( (GB:CRE) ).
Conduit Holdings Limited, a company listed on the London Stock Exchange, has executed a share buyback transaction involving 75,177 of its common shares. This move is part of an ongoing share buyback program set to continue until the company’s 2026 Annual General Meeting or August 14, 2026, whichever comes first. The transaction, conducted by Panmure Liberum Limited, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value. Following this transaction, Conduit Holdings holds 2,395,172 shares in treasury, with a total of 165,239,997 shares in issue, impacting the total voting rights available to shareholders.
The most recent analyst rating on (GB:CRE) stock is a Buy with a £700.00 price target. To see the full list of analyst forecasts on Conduit Holdings Ltd stock, see the GB:CRE Stock Forecast page.
Spark’s Take on GB:CRE Stock
According to Spark, TipRanks’ AI Analyst, GB:CRE is a Outperform.
Conduit Holdings Ltd’s strong financial performance and strategic corporate actions, such as the share buyback program, are significant positives. However, the high P/E ratio suggests overvaluation, and technical indicators hint at potential short-term volatility. The high dividend yield provides a buffer, making the stock attractive for income-focused investors.
To see Spark’s full report on GB:CRE stock, click here.
More about Conduit Holdings Ltd
Average Trading Volume: 601,987
Technical Sentiment Signal: Hold
Current Market Cap: £561.4M
Learn more about CRE stock on TipRanks’ Stock Analysis page.