Foresight Group Executes Share Buyback Program

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

Foresight Group Holdings Limited has executed a share buyback program, purchasing 15,000 of its ordinary shares through Berenberg. These shares will be held in treasury, thus having no voting rights. The buyback is part of a broader program under which 678,538 shares have been repurchased, affecting the total number of voting shares available and potentially impacting shareholder calculations under FCA rules.

The most recent analyst rating on (GB:FSG) stock is a Buy with a £550.00 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. displays strong financial fundamentals with robust revenue growth and profitability, a solid balance sheet, and a strategic share buyback program that enhances shareholder value. While the valuation metrics are attractive, short-term technical indicators suggest caution. Overall, the company is well-positioned for long-term growth, making it appealing to value investors despite potential short-term volatility.

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 energy transition, decarbonization, nature recovery, and economic growth, offering a diverse range of private and public funds complemented by retail market solutions.

Average Trading Volume: 263,125

Technical Sentiment Signal: Sell

Current Market Cap: £428.8M

For an in-depth examination of FSG stock, go to TipRanks’ Stock Analysis page.