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ConvaTec ( (GB:CTEC) ) just unveiled an update.
ConvaTec Group PLC has executed a share buyback, purchasing 2,372,762 ordinary shares as part of its $300 million buyback program announced earlier in August 2025. The shares were acquired at prices ranging from 242.00 to 246.00 pence and will be held in treasury, impacting the company’s share capital structure and potentially enhancing shareholder value.
The most recent analyst rating on (GB:CTEC) stock is a Buy with a £2.82 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 reflects its strong financial performance, which is the most significant factor. The company’s robust revenue growth, profitability, and cash flow management are key strengths. However, technical analysis indicates mixed signals, and the valuation suggests the stock may be overvalued, which could limit future gains. The absence of earnings call data and corporate events means these factors do not influence the score.
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 solutions for advanced wound care, ostomy care, continence and critical care, and infusion care. The company is known for its innovative products that cater to healthcare professionals and patients worldwide.
Average Trading Volume: 7,505,935
Technical Sentiment Signal: Strong Buy
Current Market Cap: £4.81B
For detailed information about CTEC stock, go to TipRanks’ Stock Analysis page.