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Dotdigital Buys Back 180,000 Shares for Treasury Under Ongoing Programme

Story Highlights
  • Dotdigital repurchased 180,000 ordinary shares on AIM under its ongoing buyback programme.
  • Following the buyback, 305.9 million shares remain in issue, with 2.54 million held in treasury.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Dotdigital Buys Back 180,000 Shares for Treasury Under Ongoing Programme

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The latest update is out from Dotdigital ( (GB:DOTD) ).

Dotdigital Group plc has repurchased 180,000 of its own ordinary shares on AIM at prices between 64.80p and 65.00p as part of the share buyback programme launched earlier in December, with a volume-weighted average price of 64.83p. The shares, acquired via Canaccord Genuity, will be held in treasury, leaving 305,913,946 ordinary shares in issue and 2,543,000 in treasury, a change that may influence existing shareholders’ percentage holdings and reflects the company’s ongoing capital management strategy in the public markets.

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 tools use automation and AI to help marketing teams unify and enrich customer data, build valuable customer segments, and deliver personalised, cross-channel customer journeys that drive engagement, conversions and loyalty. Founded in 1999, the company serves more than 4,000 brands across 150 countries from offices in Europe, North America, Asia-Pacific and Africa.

Average Trading Volume: 813,243

Technical Sentiment Signal: Sell

Current Market Cap: £198.6M

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

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