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FirstGroup CFO Acquires Shares Through Dividend Reinvestment

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FirstGroup CFO Acquires Shares Through Dividend Reinvestment

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Firstgroup ( (GB:FGP) ) just unveiled an update.

FirstGroup plc announced that Ryan Mangold, Executive Director and Chief Financial Officer, acquired 192 shares at £2.2837 per share through the reinvestment of dividend income in the company’s Share Incentive Plan. This transaction, disclosed under the UK Market Abuse Regulation, highlights the company’s ongoing commitment to aligning management interests with shareholder value, potentially impacting stakeholder confidence positively.

The most recent analyst rating on (GB:FGP) stock is a Buy with a £259.00 price target. To see the full list of analyst forecasts on Firstgroup stock, see the GB:FGP Stock Forecast page.

Spark’s Take on GB:FGP Stock

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

Firstgroup’s strong valuation and positive technical indicators are the most significant factors driving the score. The company’s strategic corporate events further enhance its market position. Financial performance is solid, though high leverage remains a risk.

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

More about Firstgroup

FirstGroup plc operates in the transportation industry, providing public transport services primarily in the UK. The company focuses on bus and rail services, aiming to deliver efficient and sustainable travel solutions.

Average Trading Volume: 1,540,020

Technical Sentiment Signal: Buy

Current Market Cap: £1.25B

For detailed information about FGP stock, go to TipRanks’ Stock Analysis page.

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