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Dotdigital ( (GB:DOTD) ) has shared an update.
Dotdigital Group plc has repurchased 140,000 of its own ordinary shares at 68.0 pence per share on AIM as part of its previously announced share buyback programme, with the shares to be held in treasury. Following this transaction, the company has 305,277,946 ordinary shares in issue (excluding 3,179,000 treasury shares), a figure that shareholders should use when assessing notification thresholds for changes in their holdings under UK disclosure rules, and Dotdigital indicated it will provide further updates as additional buyback transactions are executed.
The most recent analyst rating on (GB:DOTD) stock is a Buy with a £75.00 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 cross-channel marketing automation technology and an all-in-one customer experience and data platform (CXDP). Its solutions, which leverage automation and AI to deliver personalised, cross-channel customer journeys, serve more than 4,000 brands across 150 countries, helping marketing teams unify customer data, segment audiences and drive engagement, conversions and loyalty. Founded in 1999, the company operates globally with offices across Europe, North America, Asia-Pacific and Africa.
Average Trading Volume: 816,374
Technical Sentiment Signal: Sell
Current Market Cap: £208.4M
For an in-depth examination of DOTD stock, go to TipRanks’ Overview page.