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The latest announcement is out from Foresight Group Holdings Ltd. ( (GB:FSG) ).
Foresight Group Holdings Limited has executed a share buyback program, purchasing 15,000 of its ordinary shares through Berenberg. This move is part of a broader buyback initiative, resulting in a total of 1,489,784 shares being bought back. The purchased shares will be held in treasury, thus not carrying voting rights, which affects the total number of voting shares and could influence 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.
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 offers investment solutions aimed at supporting energy transition, decarbonizing industries, enhancing nature recovery, and fostering economic growth. As part of the FTSE 250 index, Foresight combines financial and operational expertise to maximize asset value and deliver attractive returns to investors.
Average Trading Volume: 211,061
Technical Sentiment Signal: Buy
Current Market Cap: £514.2M
For an in-depth examination of FSG stock, go to TipRanks’ Overview page.