Experian Enhances Shareholder Value with Share Repurchase

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

Experian PLC announced the purchase of 79,881 ordinary shares on the London Stock Exchange as part of its ongoing share repurchase program. The shares will be held as treasury shares, increasing the total number of treasury shares to 55,021,753. This move is part of Experian’s strategy to manage its capital structure and return value to shareholders, reflecting confidence in its business operations and market position.

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 is the primary driver of its overall score, supported by a robust balance sheet and efficient cash flow management. However, technical indicators suggest potential short-term weakness, and the high P/E ratio indicates possible overvaluation. The positive impact of the share repurchase program enhances shareholder value, contributing positively to the 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 across various industries, including financial services, healthcare, automotive, and insurance. The company focuses on redefining lending practices, fraud prevention, healthcare simplification, digital marketing solutions, and automotive market insights using data, analytics, and software. Experian is a FTSE 100 company listed on the London Stock Exchange, with headquarters in Dublin, Ireland, and a workforce of 25,200 people across 32 countries.

Average Trading Volume: 1,688,570

Technical Sentiment Signal: Strong Buy

Current Market Cap: £34.42B

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