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

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

Fuller, Smith & Turner PLC announced the repurchase of 20,000 of its ‘A’ Ordinary Shares at a price of 674 pence each 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 capital structure and enhance shareholder value. Following this purchase, the company holds a significant portion of its shares in Treasury, affecting the total number of voting rights available, which stakeholders can use to assess their shareholding interests.

The most recent analyst rating on (GB:FSTA) stock is a Buy with a £808.00 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 demonstrates strong technical momentum and positive corporate actions, which are the most significant factors driving the score. Financial performance is solid, though improvements in free cash flow and return on equity could enhance the outlook. Valuation is fair, providing a balanced risk-reward profile.

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, hotels, and inns across the UK. The company is known for its premium beers and quality hospitality services, catering to a diverse market of local and international customers.

Average Trading Volume: 33,908

Technical Sentiment Signal: Strong Buy

Current Market Cap: £362.6M

For an in-depth examination of FSTA stock, go to TipRanks’ Overview page.