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An announcement from Foresight Group Holdings Ltd. ( (GB:FSG) ) is now available.
Foresight Group Holdings Limited has executed a share buyback program, purchasing 8,743 of its ordinary shares through Berenberg, with prices ranging from 467.00 GBp to 483.00 GBp per share. This move results in a total of 1,736,332 shares held in treasury, reducing the number of voting shares to 114,611,471. The buyback 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 £546.00 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. has a strong financial performance with impressive growth and profitability, supported by solid technical indicators. The valuation is fair with an attractive dividend yield. However, caution is advised due to increased debt levels and potential overbought technical signals.
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 focuses on investment opportunities that support the energy transition, decarbonization, and nature recovery, aiming to maximize asset value and provide attractive returns. As a FTSE 250 index constituent, Foresight offers a range of private and public funds and retail market investment solutions, committed to building a sustainable future.
Average Trading Volume: 406,892
Technical Sentiment Signal: Strong Buy
Current Market Cap: £541M
See more insights into FSG stock on TipRanks’ Stock Analysis page.