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Foresight Group Holdings Ltd. ( (GB:FSG) ) just unveiled 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, reducing the number of voting shares to 115,058,573 out of 116,347,803 total shares. This move is part of a broader strategy to manage its capital structure and potentially enhance shareholder value.
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.
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 range of private and public funds along with retail market solutions.
Average Trading Volume: 289,758
Technical Sentiment Signal: Strong Buy
Current Market Cap: £537.5M
Find detailed analytics on FSG stock on TipRanks’ Stock Analysis page.