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Foresight Group Holdings Ltd. ( (GB:FSG) ) has provided an update.
Foresight Group Holdings Ltd. has executed a share buyback program, purchasing 15,000 of its ordinary shares at a volume-weighted average price of 456.56 GBp per share. The shares will be held in treasury, reducing the number of voting shares and potentially impacting shareholder calculations under FCA rules. This move is part of a broader strategy to manage share capital and support the company’s financial structure.
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. is well-positioned with strong financial performance and a strategic share buyback program enhancing shareholder value. The stock’s valuation is fair, and technical indicators suggest positive momentum. However, recent increases in debt and cash flow fluctuations should be monitored.
To see Spark’s full report on GB:FSG stock, click here.
More about Foresight Group Holdings Ltd.
Foresight Group Holdings Ltd. 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, decarbonization, nature recovery, and economic growth of ambitious companies. As a member of the FTSE 250 index, Foresight offers a diversified range of investment strategies for both private and public funds, aiming to build a sustainable future and thriving economies.
Average Trading Volume: 218,608
Technical Sentiment Signal: Strong Buy
Current Market Cap: £512M
See more insights into FSG stock on TipRanks’ Stock Analysis page.