Fuller, Smith & Turner Executes Share Buyback

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

Fuller, Smith & Turner PLC announced a purchase of 12,000 of its ‘A’ ordinary shares at a price of 591 pence each as part of its ongoing share buyback programme. This transaction, executed through Numis Securities Limited, is intended to hold the repurchased shares in Treasury, impacting the total number of voting rights and potentially influencing shareholder interest calculations.

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, hotels, and inns. The company is known for its premium beers and extensive network of establishments across the UK.

Average Trading Volume: 40,756

Technical Sentiment Signal: Sell

Current Market Cap: £323.1M

For an in-depth examination of FSTA stock, go to TipRanks’ Overview page.