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The latest announcement is out from Fuller Smith & Turner ( (GB:FSTA) ).
Fuller, Smith & Turner PLC has executed a share buyback transaction, purchasing 2,934 of its ‘A’ Ordinary Shares at a price of 558 pence each as part of its ongoing buyback program. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value, with the repurchased shares being held in treasury, affecting the total number of voting rights available to shareholders.
The most recent analyst rating on (GB:FSTA) stock is a Hold 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.
The company’s strong financial performance and attractive valuation are the primary strengths, supported by strategic share buybacks. However, bearish technical indicators indicate potential downside risks.
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, focusing on brewing and running pubs, hotels, and inns. The company is known for its premium beers and offers a range of services in the leisure and hospitality sector.
Average Trading Volume: 36,619
Technical Sentiment Signal: Strong Sell
Current Market Cap: £303.6M
For a thorough assessment of FSTA stock, go to TipRanks’ Stock Analysis page.