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Fuller, Smith & Turner PLC Executes Share Buyback

Story Highlights
  • Fuller, Smith & Turner repurchased 20,000 shares as part of a buyback program.
  • The transaction affects voting rights, now totaling 32,646,296, highlighting financial strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Fuller, Smith & Turner PLC Executes Share Buyback

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

Fuller, Smith & Turner PLC announced a transaction involving the repurchase of 20,000 of its ‘A’ Ordinary Shares as part of its ongoing share buyback program. This move is intended to manage the company’s capital structure and potentially enhance shareholder value. The repurchased shares will be held in treasury, affecting the total number of voting rights available to shareholders, which is now 32,646,296. This transaction underscores the company’s strategic financial management and its commitment to maintaining transparency with its stakeholders.

The most recent analyst rating on (GB:FSTA) stock is a Hold with a £617.00 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 Neutral.

Fuller Smith & Turner scores well due to its strong financial performance and attractive valuation, with a low P/E ratio and solid dividend yield. However, technical analysis suggests bearish momentum, which tempers the overall score. The absence of earnings call data and corporate events means these factors do not influence the score.

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 is focused on providing high-quality dining and accommodation experiences, with a market presence primarily in the United Kingdom.

Average Trading Volume: 37,934

Technical Sentiment Signal: Sell

Current Market Cap: £308M

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

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