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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. The shares will be held in treasury, reducing the number of voting shares available. This move is part of a broader strategy under which 1,638,127 shares have been bought back, impacting the total voting shares and potentially affecting shareholder calculations under FCA 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 in the UK, Europe, and Australia. Established in 1984, the company focuses on investment opportunities that support energy transition, decarbonization, nature recovery, and economic growth. Foresight is part of the FTSE 250 index and offers a diverse range of investment strategies, including private and public funds, aimed at building a sustainable future.
Average Trading Volume: 198,574
Technical Sentiment Signal: Buy
Current Market Cap: £514.5M
For detailed information about FSG stock, go to TipRanks’ Stock Analysis page.