Fuller, Smith & Turner PLC Executes Share Buyback

Fuller Smith & Turner ( (GB:FSTA) ) just unveiled an announcement.

Fuller, Smith & Turner PLC announced the repurchase of 15,000 of its ‘A’ ordinary shares as part of its ongoing share buyback program. This transaction, executed through Numis Securities Limited, reflects the company’s strategy to manage its capital structure and potentially enhance shareholder value by holding the repurchased shares in Treasury. The current total number of listed voting rights in the company stands at 33,208,690, which stakeholders can use for regulatory calculations regarding their interests in the company.

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 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 offers a range of hospitality services.

YTD Price Performance: -9.68%

Average Trading Volume: 38,852

Technical Sentiment Signal: Buy

Current Market Cap: £308M

Find detailed analytics on FSTA stock on TipRanks’ Stock Analysis page.