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Foxtons Continues Share Buyback, Updates Voting Rights Total

Story Highlights
  • Foxtons bought back 50,000 ordinary shares at 46.6p each under its ongoing share repurchase and cancellation programme.
  • Following cancellation, Foxtons reports 294,342,205 total voting rights, reshaping its capital structure and disclosure baseline.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Foxtons Continues Share Buyback, Updates Voting Rights Total

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

Foxtons has continued its previously announced share buyback and cancellation programme by repurchasing 50,000 ordinary shares at an average price of 46.6 pence through Singer Capital Markets. The purchased shares will be cancelled, reducing the number of ordinary shares in issue to 319,774,464, of which 25,432,259 are held in treasury, leaving 294,342,205 total voting rights for shareholders to use as the basis for disclosure calculations under FCA transparency rules.

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 UK-based residential estate agency, focused on property sales, lettings and related services in the London market. The company operates through a network of branches and uses capital management tools, including share buybacks, as part of its approach to shareholder returns and balance sheet efficiency.

Average Trading Volume: 624,435

Technical Sentiment Signal: Sell

Current Market Cap: £136.6M

Learn more about FOXT stock on TipRanks’ Stock Analysis page.

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