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ConvaTec ( (GB:CTEC) ) has shared an announcement.
ConvaTec Group PLC has executed a share buyback, purchasing 906,241 ordinary shares as part of its $300 million buyback program announced earlier in August 2025. The shares were bought at a volume-weighted average price of 236.32 pence and will be held in treasury, which affects the company’s total voting rights and share capital structure, potentially impacting shareholder calculations under the Financial Conduct Authority’s rules.
The most recent analyst rating on (GB:CTEC) stock is a Buy with a £3.25 price target. To see the full list of analyst forecasts on ConvaTec stock, see the GB:CTEC Stock Forecast page.
Spark’s Take on GB:CTEC Stock
According to Spark, TipRanks’ AI Analyst, GB:CTEC is a Outperform.
ConvaTec’s overall stock score is driven primarily by its strong financial performance, characterized by consistent revenue growth and solid profitability. Technical analysis indicates a moderate upward trend, although valuation metrics suggest the stock may be overvalued. The absence of earnings call insights and corporate events limits additional context.
To see Spark’s full report on GB:CTEC stock, click here.
More about ConvaTec
ConvaTec Group PLC operates in the medical products and technologies industry, focusing on providing advanced wound care, ostomy care, continence and critical care, and infusion care products. The company aims to enhance the lives of patients and healthcare providers through innovative solutions and services.
Average Trading Volume: 8,867,317
Technical Sentiment Signal: Hold
Current Market Cap: £4.64B
Find detailed analytics on CTEC stock on TipRanks’ Stock Analysis page.