Foresight Group Executes Share Buyback Program

Foresight Group Holdings Ltd. ( (GB:FSG) ) has provided an announcement.

Foresight Group Holdings Limited has executed a share buyback program, purchasing 4,811 ordinary shares at a volume-weighted average price of 472.078362 GBp per share. This transaction is part of their ongoing strategy to manage their capital structure, with the repurchased shares held in treasury, thus reducing the number of voting shares and potentially impacting shareholder calculations under regulatory guidelines.

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.

Founded in 1984, Foresight Group Holdings Limited is a prominent investment manager specializing in real assets and capital for growth, with operations spanning the UK, Europe, and Australia. The company focuses on investment opportunities that drive energy transition, industry decarbonization, nature recovery, and economic growth, offering a diverse range of private and public funds and retail market solutions.

Average Trading Volume: 406,890

Technical Sentiment Signal: Strong Buy

Current Market Cap: £541M

For detailed information about FSG stock, go to TipRanks’ Stock Analysis page.