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Currys plc ( (GB:CURY) ) has shared an announcement.
Currys Plc has executed a share buy-back program, purchasing 358,582 of its own ordinary shares for cancellation, as approved by its shareholders at the recent Annual General Meeting. This move reduces the total number of shares in circulation to 1,131,722,386, potentially enhancing shareholder value and adjusting the company’s capital structure.
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: 3,208,222
Technical Sentiment Signal: Buy
Current Market Cap: £1.44B
For a thorough assessment of CURY stock, go to TipRanks’ Stock Analysis page.