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Experian ( (GB:EXPN) ) has issued an update.
Experian PLC has announced the purchase of its own shares as part of a share repurchase program, acquiring 24,910 shares on the London Stock Exchange. This move is part of a larger strategy, as the company has repurchased a total of 430,000 shares since the program’s announcement. The shares will be held as treasury shares, and the total number of shares in issue, excluding treasury shares, is now 918,694,074. This repurchase program is likely aimed at enhancing shareholder value and optimizing the company’s capital structure.
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 focuses on redefining lending practices, fraud prevention, digital marketing solutions, and delivering insights into the automotive market using data, analytics, and software. Experian is a FTSE 100 Index company listed on the London Stock Exchange, with headquarters in Dublin, Ireland, and operates in 32 countries with a workforce of 23,300 people.
YTD Price Performance: 13.43%
Average Trading Volume: 1,815,252
Technical Sentiment Signal: Strong Buy
Current Market Cap: £35.26B
For a thorough assessment of EXPN stock, go to TipRanks’ Stock Analysis page.