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Dotdigital ( (GB:DOTD) ) has provided an update.
Dotdigital Group plc has repurchased 44,000 of its own ordinary shares on the London Stock Exchange under its previously announced share buyback programme, paying a volume-weighted average price of 65.03 pence per share, with prices ranging between 64.80 pence and 65.40 pence. The shares bought back will be held in treasury, leaving 305,869,946 ordinary shares in issue and admitted to trading on AIM and 2,587,000 shares held in treasury, a figure the company highlighted as the new reference point for shareholders assessing disclosure obligations under UK transparency rules, with further buyback-related announcements to follow as transactions are completed.
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 (CXDP), focused on cross-channel marketing automation technology for marketing professionals. Its platform combines automation and AI to help businesses unify and enrich customer data, identify valuable customer segments, and deliver personalised cross-channel customer journeys that drive engagement, conversions and loyalty, serving over 4,000 brands across 150 countries from offices in Europe, North America, Asia-Pacific and Africa.
Average Trading Volume: 837,912
Technical Sentiment Signal: Sell
Current Market Cap: £205M
For detailed information about DOTD stock, go to TipRanks’ Stock Analysis page.