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Foxtons Continues Share Buyback, Updates Voting Rights After Latest Repurchase

Story Highlights
  • Foxtons repurchased and will cancel 50,000 shares under its ongoing buyback programme.
  • The buyback reduces free float and sets total voting rights at 294,242,205 for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Foxtons Continues Share Buyback, Updates Voting Rights After Latest Repurchase

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An update from Foxtons ( (GB:FOXT) ) is now available.

Foxtons Group plc has continued its share buyback and cancellation programme, repurchasing 50,000 ordinary shares on 23 March 2026 through Singer Capital Markets at an average price of approximately 43.17 pence per share. The shares will be cancelled, leaving 319,674,464 ordinary shares in issue, of which 25,432,259 are held in treasury, resulting in 294,242,205 total voting rights for shareholders to use in regulatory disclosure calculations.

The latest tranche of buybacks underscores Foxtons’ ongoing efforts to manage its capital structure and potentially enhance earnings per share by reducing the free float. The updated voting rights figure provides clarity for investors monitoring their holdings under the U.K. disclosure regime and signals the company’s continued use of buybacks as a tool for shareholder returns and balance-sheet optimisation.

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.-based estate agency group focused on residential property services, including sales, lettings and related real estate activities, primarily in the London market. The company is listed in London and its capital management activities, such as share buybacks, are closely watched by investors for signals on financial health and shareholder return policy.

Average Trading Volume: 627,301

Technical Sentiment Signal: Sell

Current Market Cap: £133.1M

See more data about FOXT stock on TipRanks’ Stock Analysis page.

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