Experian Advances Share Repurchase Program with New Buyback

An update from Experian ( (GB:EXPN) ) is now available.

Experian PLC announced the purchase of 75,080 of its ordinary shares on the London Stock Exchange as part of its ongoing share repurchase program. The shares, bought at a weighted average price of 3,777.7848 pence, will be held as treasury shares, bringing the total to 54,042,881 shares in treasury. This move is part of Experian’s strategy to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:EXPN) stock is a Buy with a £42.00 price target. To see the full list of analyst forecasts on Experian stock, see the GB:EXPN Stock Forecast page.

Spark’s Take on GB:EXPN Stock

According to Spark, TipRanks’ AI Analyst, GB:EXPN is a Outperform.

Experian’s strong financial performance and positive corporate events are notable strengths, contributing significantly to its stock score. The technical analysis shows moderate bullish signs, though the valuation remains on the higher side, suggesting limited immediate upside. Overall, Experian is well-positioned for growth, but investors should be aware of its high valuation.

To see Spark’s full report on GB:EXPN stock, click here.

More about Experian

Experian is a global data and technology company that provides services across various industries, including financial services, healthcare, automotive, and insurance. The company specializes in redefining lending practices, fraud prevention, digital marketing solutions, and automotive market insights through its unique combination of data, analytics, and software. Experian is a FTSE 100 Index company listed on the London Stock Exchange, headquartered in Dublin, Ireland, with a workforce of 23,300 people across 32 countries.

Average Trading Volume: 1,622,910

Technical Sentiment Signal: Strong Buy

Current Market Cap: £37.07B

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