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Foxtons ( (GB:FOXT) ) has issued an announcement.
Foxtons Group plc has continued executing its previously announced share buyback and cancellation programme, repurchasing 50,000 ordinary shares at an average price of £0.47594 through Singer Capital Markets. The repurchased shares will be cancelled, reducing the number of shares in issue and setting the company’s total voting rights at 294,611,800, a figure that shareholders can use to assess notification thresholds under UK disclosure rules.
The updated capital structure, including 320,139,464 ordinary shares in issue and 25,527,664 held in treasury, reflects Foxtons’ ongoing efforts to manage its equity base and potentially enhance shareholder value. By tightening the free float and clarifying total voting rights, the company provides greater transparency for investors monitoring their holdings and regulatory disclosure obligations.
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 focused on residential sales, lettings and related property services, primarily serving the London market. The company operates through a network of estate agency branches and provides services to homebuyers, sellers, landlords and tenants, positioning itself as a major player in the London property sector.
Average Trading Volume: 600,317
Technical Sentiment Signal: Sell
Current Market Cap: £142.1M
Find detailed analytics on FOXT stock on TipRanks’ Stock Analysis page.