Foresight Group Executes Share Buyback Program

Foresight Group Holdings Ltd. ( (GB:FSG) ) just unveiled an update.

Foresight Group Holdings Ltd. has executed a share buyback program, purchasing 16,180 of its ordinary shares at an average price of 482.97 GBp per share. These shares will be held in treasury, reducing the number of voting shares to 114,994,988 out of the total 116,347,803 shares issued. This move is part of a broader strategy to manage the company’s 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.

Foresight Group Holdings Ltd. 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 is part of the FTSE 250 index and focuses on investment opportunities that support energy transition, decarbonization, nature recovery, and economic growth. Foresight offers a range of private and public funds, along with retail market investment solutions, all aimed at building a sustainable future.

Average Trading Volume: 286,170

Technical Sentiment Signal: Strong Buy

Current Market Cap: £554.9M

For a thorough assessment of FSG stock, go to TipRanks’ Stock Analysis page.