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Fuller’s boosts treasury stock with latest share buyback

Story Highlights
  • Fuller, Smith & Turner repurchased 15,000 A shares at 660p, holding them in treasury as part of its ongoing buyback programme.
  • After this transaction, Fuller’s has 36.4 million A shares issued and 31.3 million voting rights, resetting disclosure thresholds for shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Fuller’s boosts treasury stock with latest share buyback

Meet Samuel – Your Personal Investing Prophet

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

Fuller, Smith & Turner has continued its previously announced share buyback programme with the repurchase of 15,000 “A” ordinary shares at 660p each on the London Stock Exchange, executed via Deutsche Numis. The company intends to hold these shares in treasury, a move that can support capital management flexibility and potentially enhance earnings per share over time.

Following this transaction, Fuller’s listed issued share capital stands at 36,446,686 “A” ordinary shares, of which 5,178,708 are held in treasury, leaving 31,267,978 voting rights in issue. The updated voting rights figure provides a new reference point for shareholders assessing disclosure thresholds under U.K. transparency rules, clarifying how future changes in holdings should be reported.

The most recent analyst rating on (GB:FSTA) stock is a Buy with a £1250.00 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 is a U.K.-listed pub and hospitality group, best known for operating pubs, hotels and related venues, and for brewing and serving beer and other drinks. Its primary market focus is on managed and tenanted pubs and premium hospitality offerings across London and the wider south of England.

Average Trading Volume: 43,775

Technical Sentiment Signal: Buy

Current Market Cap: £343.5M

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

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