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Experian Expands Share Repurchase Program with New Acquisition

Story Highlights
  • Experian is a global data and technology company operating in diverse sectors.
  • Experian purchased 39,000 shares as part of its repurchase program, enhancing shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Experian Expands Share Repurchase Program with New Acquisition

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Experian ( (GB:EXPN) ) has shared an announcement.

Experian plc has announced the purchase of 39,000 of its ordinary shares on the London Stock Exchange as part of its ongoing share repurchase program. The shares will be held as treasury shares, and this transaction increases the total number of treasury shares to 56,033,170, with 917,657,514 shares remaining in issue. This move reflects Experian’s strategic financial management and commitment to enhancing shareholder value.

The most recent analyst rating on (GB:EXPN) stock is a Hold with a £4120.00 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 Neutral.

Experian’s overall stock score is driven primarily by its strong financial performance, which highlights robust revenue growth and efficient cash flow management. However, the technical analysis indicates short-term bearish momentum, and the high P/E ratio suggests a premium valuation, which could limit upside potential. The absence of earnings call data and corporate events means these factors do not influence 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 in various sectors including financial services, healthcare, automotive, agrifinance, and insurance. The company focuses on redefining lending practices, fraud prevention, healthcare simplification, digital marketing solutions, and automotive market insights through data, analytics, and software. Experian is a FTSE 100 company listed on the London Stock Exchange, with headquarters in Dublin, Ireland, and operates in 32 countries with a workforce of 25,200 people.

Average Trading Volume: 1,543,067

Technical Sentiment Signal: Strong Buy

Current Market Cap: £34.45B

See more data about EXPN stock on TipRanks’ Stock Analysis page.

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