Fuller’s Buys Back 15,000 Shares, Adjusts Voting Rights Base

Fuller Smith & Turner ( (GB:FSTA) ) has shared an announcement.

Fuller, Smith & Turner has repurchased 15,000 of its A Ordinary Shares of 40p each on the London Stock Exchange as part of its ongoing share buyback programme, at prices between 700p and 710p and an average price of 706.6667p. The company will hold these shares in treasury, a move that reduces the number of shares with voting rights in the market.

Following this transaction, Fuller’s listed issued share capital stands at 36,446,686 A Ordinary Shares, of which 4,680,022 are held in treasury, leaving 31,766,664 listed voting rights. The updated voting rights figure provides investors with a new denominator for regulatory disclosure calculations, subtly tightening the free float and potentially enhancing per-share metrics for remaining shareholders.

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 GB:FSTA Stock

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

More about Fuller Smith & Turner

Fuller, Smith & Turner P.L.C., commonly known as Fuller’s, is a U.K.-listed company in the pubs and brewing sector, with its A Ordinary Shares traded on the London Stock Exchange. The group focuses on operating pubs and related hospitality assets, with its capital structure including both listed shares and a portion held in treasury, which affects the pool of voting rights available to investors.

Average Trading Volume: 34,260

Technical Sentiment Signal: Buy

Current Market Cap: £376.7M

See more data about FSTA stock on TipRanks’ Stock Analysis page.