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Fuller, Smith & Turner boosts treasury stock with latest share buyback

Story Highlights
  • Fuller, Smith & Turner repurchased 15,000 A shares at 648p, boosting treasury holdings.
  • Post-buyback, the company has 31.33 million listed voting rights, affecting investor disclosures.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Fuller, Smith & Turner boosts treasury stock with latest share buyback

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

Fuller, Smith & Turner has repurchased 15,000 of its 40p “A” Ordinary Shares on the London Stock Exchange at a price of 648p per share as part of its previously announced share buyback programme. The company plans to hold these shares in treasury, reflecting an ongoing capital management strategy that can support earnings per share and provides flexibility in managing future share issuance.

Following this transaction, Fuller’s listed issued share capital comprises 36,446,686 “A” Ordinary Shares, of which 5,118,233 are held in treasury, leaving 31,328,453 listed voting rights in circulation. The updated voting-rights figure is significant for investors monitoring their disclosure thresholds under UK transparency rules and underscores the continuing impact of the buyback on the company’s free float and shareholder influence.

The most recent analyst rating on (GB:FSTA) stock is a Buy with a £1250.00 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 FSTA Stock

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

Fuller Smith & Turner demonstrates strong technical momentum and positive corporate actions, which are the most significant factors driving the score. Financial performance is solid, though improvements in free cash flow and return on equity could enhance the outlook. Valuation is fair, providing a balanced risk-reward profile.

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

More about Fuller Smith & Turner

Fuller, Smith & Turner P.L.C. is a UK-listed company operating pubs and brewing-related businesses, with its “A” Ordinary Shares traded on the London Stock Exchange. The group focuses on managing its capital structure and shareholder base through mechanisms such as share buyback programmes and the active use of treasury shares to optimise voting rights and liquidity.

Average Trading Volume: 41,884

Technical Sentiment Signal: Buy

Current Market Cap: £351.5M

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

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