Fuller’s Adds to Buyback, Lifts Treasury Share Holdings

An announcement from Fuller Smith & Turner ( (GB:FSTA) ) is now available.

Fuller, Smith & Turner P.L.C. has repurchased 12,194 of its 40p “A” ordinary shares on the London Stock Exchange as part of its ongoing share buyback programme, paying a volume-weighted average price of 677.0753 pence per share. The transaction was executed via Deutsche Bank’s Deutsche Numis unit, and the company intends to hold the stock in treasury rather than cancel it.

Following this latest buyback, Fuller’s listed issued share capital stands at 36,446,686 “A” ordinary shares, of which 4,827,216 are held in treasury, leaving 31,619,470 voting rights in circulation. The updated figure provides investors with a new denominator for calculating disclosure thresholds under U.K. transparency rules and reflects the company’s continued use of buybacks as a capital management tool.

The most recent analyst rating on (GB:FSTA) stock is a Buy with a £847.00 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 FSTA Stock

According to Spark, TipRanks’ AI Analyst, 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 FSTA stock, click here.

More about Fuller Smith & Turner

Fuller, Smith & Turner P.L.C. is a U.K.-listed company best known for its Fuller’s brand, operating in the pubs and brewing sector. Its primary business centers on managing and operating pubs and related hospitality venues, with its shares traded on the London Stock Exchange and subject to U.K. market disclosure rules.

Average Trading Volume: 34,278

Technical Sentiment Signal: Strong Buy

Current Market Cap: £362M

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