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Fevertree Executes Share Buyback as Part of Strategic Program

Story Highlights
  • Fevertree Drinks PLC repurchased 56,428 shares at prices between 880.00 and 903.00 pence.
  • The company plans to cancel the shares, potentially affecting stock value and equity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Fevertree Executes Share Buyback as Part of Strategic Program

Confident Investing Starts Here:

Fevertree Drinks ( (GB:FEVR) ) has shared an announcement.

Fevertree Drinks PLC has repurchased 56,428 of its own ordinary shares at prices ranging from 880.00 to 903.00 pence per share, with a weighted average price of 891.9747 pence. The company plans to cancel these shares as part of a buyback program announced in February 2025, which may impact the company’s stock value and shareholder equity by reducing the number of shares in circulation.

The most recent analyst rating on (GB:FEVR) stock is a Hold with a £1000.00 price target. To see the full list of analyst forecasts on Fevertree Drinks stock, see the GB:FEVR Stock Forecast page.

Spark’s Take on GB:FEVR Stock

According to Spark, TipRanks’ AI Analyst, GB:FEVR is a Outperform.

Fevertree Drinks’ solid financial performance and strategic corporate actions, particularly the extensive share buyback program, strongly contribute to its stock score. While the technical analysis reflects healthy momentum, the valuation suggests some caution due to a high P/E ratio. The absence of recent earnings call data limits insights into future guidance.

To see Spark’s full report on GB:FEVR stock, click here.

More about Fevertree Drinks

Fevertree Drinks PLC operates in the beverage industry, primarily focusing on premium mixers. The company is known for its high-quality tonic waters, ginger ales, and other carbonated mixers, catering to both domestic and international markets.

Average Trading Volume: 479,053

Technical Sentiment Signal: Sell

Current Market Cap: £1.09B

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

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