Fuller, Smith & Turner Advances Share Buyback Programme

An announcement from Fuller Smith & Turner ( (GB:FSTA) ) is now available.

Fuller, Smith & Turner PLC announced the repurchase of 6,000 of its ‘A’ ordinary shares at a price of 590 pence each as part of its ongoing share buyback programme. This transaction, conducted through Numis Securities Limited, aims to hold the repurchased shares in Treasury, affecting the total number of voting rights and potentially influencing shareholder calculations under the FCA’s Disclosure and Transparency Rules.

The most recent analyst rating on (GB:FSTA) stock is a Buy with a £12.50 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, primarily focusing on brewing and running pubs. The company is known for its range of beers and operates a network of pubs and hotels across the UK.

Average Trading Volume: 40,525

Technical Sentiment Signal: Sell

Current Market Cap: £323.1M

For a thorough assessment of FSTA stock, go to TipRanks’ Stock Analysis page.