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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 5,417 of its ordinary shares through Berenberg, with prices ranging from 456.00 GBp to 469.50 GBp. The shares will be held in treasury, reducing the number of voting shares to 115,279,584 out of 116,347,803 total shares. 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 £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, operating in the UK, Europe, and Australia. The company focuses on investment solutions that support the energy transition, decarbonization, nature recovery, and economic potential of ambitious companies. As a part of the FTSE 250 index, Foresight offers diversified investment strategies to provide attractive returns to investors.
Average Trading Volume: 411,897
Technical Sentiment Signal: Buy
Current Market Cap: £541.7M
Find detailed analytics on FSG stock on TipRanks’ Stock Analysis page.