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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 3,701 of its ordinary shares through Berenberg. The repurchased shares will be held in treasury, reducing the number of voting shares to 114,602,959 out of the total 116,347,803 shares issued. This move is part of Foresight’s strategy to manage its capital structure and enhance shareholder value, reflecting its commitment to sustainable growth and robust financial management.
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 growth capital, with operations across the UK, Europe, and Australia. Established in 1984, the company focuses on investment opportunities that support the energy transition, decarbonization, and economic growth, offering a range of private and public funds and investment solutions for the retail market.
Average Trading Volume: 405,108
Technical Sentiment Signal: Strong Buy
Current Market Cap: £532.4M
For an in-depth examination of FSG stock, go to TipRanks’ Overview page.