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Dotdigital Buys Back 165,000 Shares Under Ongoing Repurchase Programme

Story Highlights
  • Dotdigital repurchased 165,000 shares at 66 pence each under its buyback programme.
  • Post-transaction, Dotdigital has about 306.3 million shares in issue and 2.19 million in treasury.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Dotdigital Buys Back 165,000 Shares Under Ongoing Repurchase Programme

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Dotdigital ( (GB:DOTD) ) has shared an announcement.

Dotdigital Group plc has repurchased 165,000 ordinary shares at 66 pence each on AIM as part of its ongoing share buyback programme, with the shares to be held in treasury. Following this transaction, the company has 306,263,946 ordinary shares in issue (excluding treasury shares) and holds 2,193,000 shares in treasury, a change that adjusts the capital base used by shareholders for calculating disclosure thresholds under UK transparency rules and underscores Dotdigital’s active approach to capital management.

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 an all-in-one customer experience and data platform, offering cross-channel marketing automation technology to marketing professionals. Its CXDP combines automation and AI to help businesses unify and enrich customer data, segment audiences and deliver personalised, cross-channel customer journeys that drive engagement, conversions and loyalty, serving over 4,000 brands in 150 countries from offices across Europe, North America, Asia-Pacific and Africa.

Average Trading Volume: 795,154

Technical Sentiment Signal: Sell

Current Market Cap: £198.6M

Find detailed analytics on DOTD stock on TipRanks’ Stock Analysis page.

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