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Dotdigital Buys Back 150,000 Shares Under Ongoing Repurchase Programme

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Dotdigital Buys Back 150,000 Shares Under Ongoing Repurchase Programme

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Dotdigital ( (GB:DOTD) ) just unveiled an update.

Dotdigital Group plc has repurchased 150,000 ordinary shares on AIM at a volume-weighted average price of 65.36 pence as part of its previously announced share buyback programme, with the shares to be held in treasury. Following this transaction, the company has 303,854,946 shares in issue (excluding treasury shares) and 4,602,000 shares held in treasury, a structure that may support capital management objectives and affects the denominator used by shareholders when calculating disclosure thresholds for changes in their holdings under UK transparency rules.

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, offering cross-channel marketing automation technology to marketing professionals. Its CXDP uses automation and AI to help businesses unify and enrich customer data, build valuable customer segments, and deliver personalised, cross-channel journeys that drive engagement, conversion and loyalty. Founded in 1999, the company serves more than 4,000 brands across 150 countries from offices in the UK, US, Australia, Singapore, Japan and South Africa.

Average Trading Volume: 832,453

Technical Sentiment Signal: Sell

Current Market Cap: £198.4M

For a thorough assessment of DOTD stock, go to TipRanks’ Stock Analysis page.

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