tiprankstipranks
Advertisement
Advertisement

Fuller’s Buys Back More Shares, Updates Voting Rights Count

Story Highlights
  • Fuller, Smith & Turner repurchased 10,015 A shares for treasury under its ongoing buyback programme.
  • The transaction lifts treasury holdings and leaves 31,822,174 Fuller’s voting rights in public hands.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Fuller’s Buys Back More Shares, Updates Voting Rights Count

Claim 55% Off TipRanks

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

Fuller, Smith & Turner has repurchased 10,015 of its 40p “A” ordinary shares on the London Stock Exchange as part of its ongoing share buyback programme, paying an average price of 709.0015 pence per share. The shares, acquired via Deutsche Numis, will be held in Treasury, reducing the free float and potentially enhancing earnings per share and capital returns for investors.

Following this transaction, Fuller’s listed issued share capital stands at 36,446,686 “A” ordinary shares, of which 4,624,512 are held in Treasury, leaving 31,822,174 voting rights in circulation. The updated voting-rights figure provides a new reference point for shareholders assessing disclosure thresholds under FCA transparency rules and signals continued execution of the company’s capital management strategy.

The most recent analyst rating on (GB:FSTA) stock is a Buy with a £835.00 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. is a U.K.-listed pub and brewing group, best known for operating managed and tenanted pubs, hotels and inns, as well as producing and serving beers and other drinks. The company is focused on the British hospitality market, with its shares traded on the London Stock Exchange under the ticker FSTA.

Average Trading Volume: 31,692

Technical Sentiment Signal: Buy

Current Market Cap: £385.8M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1