Foresight Group Executes Share Buyback and Adjusts Treasury Holdings

Foresight Group Holdings Ltd. ( (GB:FSG) ) has issued an update.

Foresight Group Holdings Limited has executed a share buyback program, purchasing 11,608 of its ordinary shares, which will be held in treasury and thus non-voting. This move is part of a broader strategy to manage its capital structure, with a total of 2,605,026 shares bought back under the program. The company also facilitated the exercise of options under its Performance Shares Plan by transferring 18,500 shares out of treasury. These actions adjust the number of voting shares available, impacting shareholder calculations under FCA rules.

The most recent analyst rating on (GB:FSG) stock is a Buy with a £457.00 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. shows strong financial performance and positive corporate actions, such as share buybacks and director share purchases, which enhance shareholder value. However, technical analysis indicates bearish momentum, which tempers the overall score.

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

More about Foresight Group Holdings Ltd.

Foresight Group Holdings Limited is a leading investment manager specializing in real assets and capital for growth, operating across the UK, Europe, and Australia. Founded in 1984, the company offers investment opportunities focused on the energy transition, decarbonization, and economic growth, with a commitment to sustainability. It is a constituent of the FTSE 250 index and provides a range of private and public funds complemented by retail investment solutions.

Average Trading Volume: 433,009

Technical Sentiment Signal: Sell

Current Market Cap: £472.5M

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