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Fuller, Smith & Turner Launches New Share Buyback Program

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Fuller, Smith & Turner Launches New Share Buyback Program

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Fuller Smith & Turner ( (GB:FSTA) ) has issued an update.

Fuller, Smith & Turner PLC announced a new share buyback program, aiming to repurchase up to 1 million ‘A’ Ordinary Shares. This move is part of the company’s strategy to enhance shareholder value and reflects the board’s belief that the shares are undervalued. The buyback will be conducted in compliance with regulatory requirements and is expected to boost earnings per share, aligning with the company’s long-term growth strategy.

The most recent analyst rating on (GB:FSTA) stock is a Buy with a £646.00 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 financial performance with robust revenue growth and profitability. The stock’s valuation is attractive with a reasonable P/E ratio and a solid dividend yield. Technical indicators present a mixed outlook, with short-term bullish momentum but potential bearish pressure. Overall, the stock is stable with growth potential, though attention to free cash flow growth and return on equity is advised.

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 range of beers and operates a network of pubs, hotels, and inns across the UK.

Average Trading Volume: 37,191

Technical Sentiment Signal: Hold

Current Market Cap: £318.7M

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

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