Fuller, Smith & Turner Advances Share Buyback Program

Fuller Smith & Turner ( (GB:FSTA) ) has provided an announcement.

Fuller, Smith & Turner PLC has repurchased 10,000 of its ‘A’ ordinary shares at a price of 634 pence each as part of its ongoing share buyback program. This transaction reduces the number of voting shares available in the market, potentially increasing shareholder value and consolidating ownership, which may impact the company’s market positioning and shareholder dynamics.

The most recent analyst rating on (GB:FSTA) stock is a Buy with a £7.50 price target. To see the full list of analyst forecasts on Fuller Smith & Turner stock, see the GB:FSTA Stock Forecast page.

Spark’s Take on GB:FSTA Stock

According to Spark, TipRanks’ AI Analyst, GB:FSTA is a Outperform.

Fuller Smith & Turner receives a solid score of 73.9, driven by strong financial performance with robust revenue growth and cash flow management. The company is benefiting from positive technical indicators, although caution is advised as the stock approaches overbought levels. The valuation remains fair with a decent dividend yield. Corporate actions, such as share buybacks, highlight management’s confidence and are expected to enhance shareholder value. Overall, the company is well-positioned for growth but should focus on improving net profit margins.

To see Spark’s full report on GB:FSTA stock, click here.

More about Fuller Smith & Turner

Fuller, Smith & Turner PLC operates in the hospitality industry, focusing on brewing and running pubs, hotels, and inns. The company is known for its premium beers and extensive network of establishments across the UK.

Average Trading Volume: 37,081

Technical Sentiment Signal: Strong Buy

Current Market Cap: £349.8M

See more insights into FSTA stock on TipRanks’ Stock Analysis page.