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The latest update is out from Foresight Group Holdings Ltd. ( (GB:FSG) ).
Foresight Group Holdings Limited has executed a share buyback program, purchasing 15,000 of its ordinary shares through Berenberg, with prices ranging from 457.00 GBp to 461.50 GBp. The shares will be held in treasury, reducing the number of voting shares to 113,236,387 out of 116,347,803 total shares. This move is part of a broader strategy to manage capital and enhance shareholder value, reflecting Foresight’s commitment to optimizing its financial structure and maintaining a strong market position.
The most recent analyst rating on (GB:FSG) stock is a Buy with a £550.00 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. is well-positioned with strong financial performance and a strategic share buyback program enhancing shareholder value. The stock’s valuation is fair, and technical indicators suggest positive momentum. However, recent increases in debt and cash flow fluctuations should be monitored.
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 leading investment manager specializing in real assets and capital for growth, operating 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 constituent of the FTSE 250 index, Foresight offers a diversified range of investment strategies and solutions for both private and public funds, committed to building a sustainable future.
Average Trading Volume: 212,705
Technical Sentiment Signal: Strong Buy
Current Market Cap: £514.1M
See more data about FSG stock on TipRanks’ Stock Analysis page.