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Fuller, Smith & Turner Executes Share Buyback

Story Highlights
  • Fuller, Smith & Turner operates in the hospitality industry, focusing on brewing and pubs.
  • The company repurchased 12,183 shares as part of its buyback program to manage capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Fuller, Smith & Turner Executes Share Buyback

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The latest announcement is out from Fuller Smith & Turner ( (GB:FSTA) ).

Fuller, Smith & Turner PLC announced a transaction involving the repurchase of 12,183 of its ‘A’ Ordinary Shares as part of its ongoing share buyback program. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value by holding the repurchased shares in treasury, which affects the total number of voting rights available to shareholders.

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’s strong financial performance and strategic corporate actions, such as share buybacks, are significant positives. The stock’s valuation is attractive, with a low P/E ratio and a good dividend yield. However, the technical analysis indicates bearish momentum, which could pose short-term risks. Overall, the company presents a stable investment with potential for growth, but investors should be cautious of current market trends.

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 and hotels. The company is known for its traditional ales and premium beers, and it has a significant presence in the UK market.

Average Trading Volume: 36,375

Technical Sentiment Signal: Sell

Current Market Cap: £298.4M

See more insights into FSTA stock on TipRanks’ Stock Analysis page.

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