Fuller, Smith & Turner Executes Share Buyback

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

Fuller, Smith & Turner PLC has executed a share buyback, purchasing 12,000 of its ‘A’ ordinary shares on the London Stock Exchange as part of a previously announced program. This transaction, conducted through Numis Securities Limited, is part of the company’s strategy to manage its capital structure, potentially enhancing shareholder value by reducing the number of shares in circulation. Following this purchase, the total number of voting rights in the company stands at 32,979,368, which stakeholders can use to assess their holdings under regulatory 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: 39,879

Technical Sentiment Signal: Sell

Current Market Cap: £324.1M

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