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Foxtons Cancels 50,000 Shares Under Ongoing Buyback Programme

Story Highlights
  • Foxtons repurchased 50,000 ordinary shares on 16 March 2026 for cancellation under its ongoing share buyback programme.
  • After cancellation, Foxtons will have about 294.5 million voting shares, signalling continued focus on capital structure and shareholder returns.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Foxtons Cancels 50,000 Shares Under Ongoing Buyback Programme

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The latest update is out from Foxtons ( (GB:FOXT) ).

Foxtons Group plc has continued its share buyback and cancellation programme, repurchasing 50,000 ordinary shares on 16 March 2026 at an average price of £0.4608 per share through Singer Capital Markets. The company intends to cancel these shares, reducing the number of ordinary shares in issue and adjusting its capital structure.

Following the cancellation, Foxtons will have 319,889,464 ordinary shares in issue, of which 25,432,259 are held in treasury, resulting in 294,457,205 total voting rights. The updated voting rights figure provides a new reference point for shareholders assessing disclosure obligations under U.K. transparency rules and may signal Foxtons’ ongoing focus on capital management and shareholder returns.

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 FOXT Stock

According to Spark, TipRanks’ AI Analyst, 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 FOXT stock, click here.

More about Foxtons

Foxtons Group plc is a U.K.-listed company operating in the real estate sector, focused on residential estate agency services. It primarily serves the London property market, offering sales, lettings, and related property services to homeowners, landlords, and tenants.

Average Trading Volume: 623,620

Technical Sentiment Signal: Sell

Current Market Cap: £135.3M

For a thorough assessment of FOXT stock, go to TipRanks’ Stock Analysis page.

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