tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Experian Continues Share Repurchase Program

Story Highlights
  • Experian announced the purchase of 19,000 shares as part of its repurchase program.
  • The share buyback reflects Experian’s strategy to manage capital and return value to shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Experian Continues Share Repurchase Program

TipRanks Black Friday Sale

The latest update is out from Experian ( (GB:EXPN) ).

Experian plc announced the continuation of its share repurchase program, purchasing 19,000 of its ordinary shares on the London Stock Exchange. The shares were acquired at prices ranging from 3,228.0000 pence to 3,356.0000 pence, with a weighted average price of 3,322.6459 pence. These shares will be held as treasury shares, bringing the total to 56,152,865 shares in treasury. This move is part of Experian’s ongoing strategy to manage its capital structure and return value to shareholders, reflecting confidence in its financial health and future prospects.

The most recent analyst rating on (GB:EXPN) stock is a Buy with a £4600.00 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 earnings call sentiment are the primary drivers of its overall score. However, technical indicators suggest a bearish trend, and the stock’s high valuation limits its attractiveness. The company’s strategic focus on AI and growth in key regions provide a positive outlook, but current market conditions and valuation concerns temper the overall score.

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, agrifinance, and insurance. It specializes in redefining lending practices, fraud prevention, digital marketing solutions, and providing insights into the automotive market using data, analytics, and software. Experian is a FTSE 100 company listed on the London Stock Exchange, headquartered in Dublin, Ireland, with a workforce of 25,100 people across 32 countries.

YTD Price Performance: -1.41%

Average Trading Volume: 2,208,475

Technical Sentiment Signal: Hold

Current Market Cap: £30.63B

See more insights into EXPN stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1