Fuller, Smith & Turner Executes Share Buyback

Fuller Smith & Turner ( (GB:FSTA) ) just unveiled an update.

Fuller, Smith & Turner PLC has executed a share buyback transaction, purchasing 6,493 of its ‘A’ ordinary shares at a consistent price of 630 pence per share. This move is part of a previously announced buyback program, with the repurchased shares intended to be held in Treasury. The transaction impacts the company’s share capital, leaving 33,052,994 voting rights available for shareholders, which may influence shareholder notifications under the FCA’s rules.

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, primarily focusing on brewing and running pubs, hotels, and inns across the UK. The company is known for its premium beers and well-regarded establishments, catering to a diverse clientele seeking quality dining and accommodation experiences.

Average Trading Volume: 37,332

Technical Sentiment Signal: Strong Buy

Current Market Cap: £347.6M

See more data about FSTA stock on TipRanks’ Stock Analysis page.