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Dotdigital ( (GB:DOTD) ) has shared an announcement.
Dotdigital Group plc has repurchased 120,000 of its own ordinary shares on AIM at a volume-weighted average price of 64.96 pence per share as part of its previously announced share buyback programme, with the stock acquired via Canaccord Genuity Limited. The shares will be held in treasury, leaving 303,734,946 ordinary shares in issue and admitted to trading and 4,722,000 shares held in treasury, a change that may affect major shareholders’ percentage holdings and related disclosure thresholds under UK transparency rules; the company indicated it will provide further updates as additional buybacks are executed.
The most recent analyst rating on (GB:DOTD) stock is a Buy with a £74.00 price target. To see the full list of analyst forecasts on Dotdigital stock, see the GB:DOTD Stock Forecast page.
Spark’s Take on GB:DOTD Stock
According to Spark, TipRanks’ AI Analyst, GB:DOTD is a Outperform.
Dotdigital’s overall stock score is driven by its strong financial performance, characterized by consistent revenue growth and robust profitability. The technical analysis suggests moderate bullish momentum, while the valuation is fair, providing a balanced investment case. The absence of earnings call data and corporate events does not impact the score.
To see Spark’s full report on GB:DOTD stock, click here.
More about Dotdigital
Dotdigital Group plc is a London-headquartered SaaS provider of an all-in-one customer experience and data platform (CXDP) and cross-channel marketing automation technology for marketing professionals. Its platform uses automation and AI to unify and enrich customer data, identify high-value segments, and deliver personalised, cross-channel customer journeys that drive engagement, conversions and loyalty for more than 4,000 brands across 150 countries, with offices spanning Europe, North America, Asia-Pacific and Africa.
Average Trading Volume: 849,861
Technical Sentiment Signal: Sell
Current Market Cap: £196.5M
See more insights into DOTD stock on TipRanks’ Stock Analysis page.