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Foxtons ( (GB:FOXT) ) has shared an announcement.
Foxtons Group plc has continued to execute its previously announced share buyback and cancellation programme, repurchasing 50,000 ordinary shares at a price of 46.25 pence per share through Singer Capital Markets on 12 March 2026. The acquired shares will be cancelled, reducing the number of ordinary shares in issue to 319,989,464, of which 25,527,664 are held in treasury, leaving 294,461,800 shares in circulation carrying voting rights.
The move forms part of Foxtons’ ongoing capital management strategy and will slightly increase existing shareholders’ proportional ownership and voting power. The updated total voting rights figure will also serve as the reference point for investors assessing disclosure thresholds under the UK’s Disclosure Guidance and Transparency Rules, clarifying reporting obligations for significant shareholders.
The most recent analyst rating on (GB:FOXT) stock is a Buy with a £53.00 price target. To see the full list of analyst forecasts on Foxtons stock, see the GB:FOXT Stock Forecast page.
Spark’s Take on GB:FOXT Stock
According to Spark, TipRanks’ AI Analyst, GB:FOXT is a Neutral.
The score is supported by improving fundamentals (profitability since 2022, deleveraging, positive cash generation) and attractive valuation (low P/E with a dividend). These are partially offset by weak technical momentum (below key moving averages with negative MACD) and earnings-call risks around sales underperformance, margin/cost pressure, and near-term working-capital headwinds despite positive 2026 growth guidance.
To see Spark’s full report on GB:FOXT stock, click here.
More about Foxtons
Foxtons Group plc is a UK-based real estate agency group focused on residential property services. The company primarily provides estate agency and lettings services in London and surrounding areas, targeting homebuyers, sellers, landlords and tenants in one of the country’s most competitive housing markets.
Average Trading Volume: 603,436
Technical Sentiment Signal: Sell
Current Market Cap: £138.4M
For an in-depth examination of FOXT stock, go to TipRanks’ Overview page.