Fuller, Smith & Turner Executes Share Buyback to Optimize Capital Structure

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

Fuller, Smith & Turner PLC announced the purchase of 12,000 of its ‘A’ ordinary shares as part of its ongoing share buyback program. This transaction, executed through Numis Securities Limited, reflects the company’s strategic effort to manage its capital structure and potentially enhance shareholder value by holding the repurchased shares in Treasury. The transaction impacts the company’s total listed voting rights, which now stand at 33,009,368, and may influence shareholder calculations under the FCA’s Disclosure and Transparency 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 is a company operating in the hospitality industry, primarily known for its pubs, hotels, and brewing operations. The company focuses on providing high-quality food and beverages, along with comfortable accommodations, catering to a diverse market including local patrons and tourists.

Average Trading Volume: 40,706

Technical Sentiment Signal: Sell

Current Market Cap: £325.4M

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