Fuller, Smith & Turner Executes Share Buyback

Fuller Smith & Turner ( (GB:FSTA) ) has shared an update.

Fuller, Smith & Turner PLC has repurchased 15,000 of its ‘A’ ordinary shares at a consistent price of 574 pence per share as part of its ongoing share buyback programme. This transaction, executed through Numis Securities Limited, is part of a strategic move to manage the company’s share capital, holding the repurchased shares in Treasury. The total number of listed voting rights now stands at 33,193,690, which stakeholders can use for regulatory calculations under the FCA’s Disclosure and Transparency Rules.

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 numerous pubs across the UK, catering to a diverse market of beer enthusiasts and pub-goers.

YTD Price Performance: -9.03%

Average Trading Volume: 38,815

Technical Sentiment Signal: Buy

Current Market Cap: £310M

Find detailed analytics on FSTA stock on TipRanks’ Stock Analysis page.