Frontier Developments Completes Buyback, Cuts Voting Share Count by 10%

Frontier Developments ( (GB:FDEV) ) has provided an announcement.

Frontier Developments has completed its on-market share buyback programme, repurchasing 1,429,327 ordinary shares for £5.3 million at an average price of 372.51 pence, with the shares held in treasury. Following this transaction, the company has 39,478,535 shares in issue, of which 35,530,681 carry voting rights, and shareholders are advised to use this figure when assessing disclosure thresholds.

Including an earlier buyback that concluded in October 2025, Frontier has invested £15.4 million this financial year to acquire 3,947,854 shares, resulting in a 10% reduction in total voting rights. The board positions these buybacks as a deliberate element of capital allocation, signalling strong cash generation, a solid financial position and confidence in Frontier’s CMS-focused strategy and future growth prospects.

The most recent analyst rating on (GB:FDEV) stock is a Buy with a £605.00 price target. To see the full list of analyst forecasts on Frontier Developments stock, see the GB:FDEV Stock Forecast page.

Spark’s Take on FDEV Stock

According to Spark, TipRanks’ AI Analyst, FDEV is a Neutral.

The score is primarily driven by improving financial performance (profitability recovery, strong cash generation, and low leverage), partially offset by weak technical signals (price below key moving averages and bearish momentum). Valuation is supportive due to the low P/E.

To see Spark’s full report on FDEV stock, click here.

More about Frontier Developments

Frontier Developments plc is a leading independent developer and publisher of video games headquartered in Cambridge, U.K. The company specialises in creative management simulation titles built on its proprietary COBRA technology, with key franchises including Planet Coaster, Planet Zoo and Jurassic World Evolution, and focuses on long-term growth through engaged players, back-catalogue strength and a pipeline of new CMS games.

Average Trading Volume: 121,516

Technical Sentiment Signal: Sell

Current Market Cap: £134.7M

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