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Experian ( (GB:EXPN) ) has issued an announcement.
Experian PLC has announced the purchase of 80,232 of its ordinary shares on the London Stock Exchange as part of its ongoing share repurchase programme. This move, executed through J.P. Morgan Securities plc, aims to manage the company’s capital structure and potentially enhance shareholder value. The shares will be held as treasury shares, and the company now holds a total of 54,781,872 shares in treasury. This transaction reflects Experian’s strategic financial management and commitment to returning value to its shareholders.
The most recent analyst rating on (GB:EXPN) stock is a Buy with a £45.00 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 strategic share repurchase program are significant positives, indicating robust operational health and shareholder value enhancement. However, technical indicators show bearish momentum, and the high P/E ratio suggests potential overvaluation, which are notable risks.
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 in various sectors including financial services, healthcare, automotive, and insurance. It specializes in data analytics, software solutions, and digital marketing, helping businesses and individuals achieve financial goals, prevent fraud, and streamline operations. As a FTSE 100 company, Experian is headquartered in Dublin, Ireland, and operates in 32 countries with a workforce of 25,200 people.
Average Trading Volume: 1,705,638
Technical Sentiment Signal: Strong Buy
Current Market Cap: £34.79B
Learn more about EXPN stock on TipRanks’ Stock Analysis page.