tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Foresight Group Announces Share Buyback Program

Story Highlights
Foresight Group Announces Share Buyback Program

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Foresight Group Holdings Ltd. ( (GB:FSG) ) has shared an announcement.

Foresight Group Holdings Limited has announced a share buyback program, purchasing 3,502 of its ordinary shares through Berenberg. The shares will be held in treasury, reducing the number of voting shares to 114,740,675 out of 116,347,803 total shares. This move is part of Foresight’s strategy to manage its share capital and could impact shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.

The most recent analyst rating on (GB:FSG) stock is a Buy with a £516.00 price target. To see the full list of analyst forecasts on Foresight Group Holdings Ltd. stock, see the GB:FSG Stock Forecast page.

Spark’s Take on GB:FSG Stock

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

Foresight Group Holdings Ltd. scores well due to its strong financial performance and strategic corporate actions like share buybacks. Technical indicators show positive momentum, although valuation metrics suggest the stock is fairly priced. The absence of recent earnings call data limits further insights.

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

More about Foresight Group Holdings Ltd.

Founded in 1984, Foresight Group Holdings Limited is a leading investment manager specializing in real assets and capital for growth, with operations across the UK, Europe, and Australia. The company focuses on investment opportunities that support the energy transition, decarbonize industries, enhance nature recovery, and realize the economic potential of ambitious companies. As a constituent of the FTSE 250 index, Foresight offers a diversified range of private and public funds and investment solutions for the retail market, all aimed at building a sustainable future.

Average Trading Volume: 356,004

Technical Sentiment Signal: Strong Buy

Current Market Cap: £522.2M

See more insights into FSG stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1