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Currys plc ( (GB:CURY) ) has provided an announcement.
Currys Plc has announced a share buy-back transaction, purchasing 341,832 ordinary shares for cancellation, as approved by shareholders at the recent Annual General Meeting. This move reduces the total number of shares in issue to 1,127,905,553, impacting the company’s total voting rights and potentially affecting shareholder calculations under regulatory guidelines.
The most recent analyst rating on (GB:CURY) stock is a Hold with a £150.00 price target. To see the full list of analyst forecasts on Currys plc stock, see the GB:CURY Stock Forecast page.
Spark’s Take on GB:CURY Stock
According to Spark, TipRanks’ AI Analyst, GB:CURY is a Neutral.
Currys plc shows a positive financial trajectory with strong cash flow and improved leverage, contributing significantly to the score. The technical analysis indicates a bullish trend, though caution is advised due to overbought conditions. Valuation metrics suggest the stock is fairly priced, with a modest dividend yield.
To see Spark’s full report on GB:CURY stock, click here.
More about Currys plc
Average Trading Volume: 3,257,561
Technical Sentiment Signal: Buy
Current Market Cap: £1.47B
Find detailed analytics on CURY stock on TipRanks’ Stock Analysis page.