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Fuller Smith & Turner ( (GB:FSTA) ) just unveiled an update.
Fuller, Smith & Turner PLC has repurchased 1,651 of its ‘A’ Ordinary Shares as part of its ongoing share buyback programme. This transaction, executed through Numis Securities Limited, is part of the company’s strategy to manage its share capital effectively. The repurchased shares will be held in Treasury, affecting the total number of voting rights available to shareholders, which now stands at 32,662,093. This move is aligned with the company’s efforts to optimize shareholder value and maintain transparency in accordance with regulatory requirements.
The most recent analyst rating on (GB:FSTA) stock is a Buy with a £621.00 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. The company is known for its wide range of beers and operates a significant number of pubs across the UK, catering to a diverse market of beer enthusiasts and pub-goers.
Average Trading Volume: 37,463
Technical Sentiment Signal: Sell
Current Market Cap: £302.6M
See more insights into FSTA stock on TipRanks’ Stock Analysis page.