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Foresight Group Holdings Ltd. ( (GB:FSG) ) has issued an announcement.
Foresight Group Holdings Limited has repurchased 15,268 ordinary shares under its ongoing share buyback programme, at prices between 406p and 414.5p and a volume-weighted average price of about 410.16p. The shares will be held in treasury without voting rights, contributing to a total of 3,558,139 shares bought back under the programme.
Following this latest transaction, Foresight has 116,347,803 ordinary shares in issue, of which 114,441,348 carry voting rights and 1,906,455 are held in treasury as non-voting shares. The updated voting share count provides a new reference point for investors when assessing disclosure thresholds under the UK’s transparency rules and reflects ongoing capital management by the group.
The most recent analyst rating on (GB:FSG) stock is a Buy with a £488.00 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. shows strong financial performance and positive corporate actions, such as share buybacks and director share purchases, which enhance shareholder value. However, technical analysis indicates bearish momentum, which tempers the overall score.
To see Spark’s full report on GB:FSG stock, click here.
More about Foresight Group Holdings Ltd.
Foresight Group Holdings Limited is a FTSE 250-listed investment manager specialising in real assets and growth capital across the UK, Europe and Australia. The firm focuses on strategies that back the energy transition, industrial decarbonisation, nature recovery and high-growth companies, offering both private and public funds alongside retail investment solutions.
Average Trading Volume: 297,719
Technical Sentiment Signal: Buy
Current Market Cap: £467.9M
See more insights into FSG stock on TipRanks’ Stock Analysis page.