tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Future plc Announces Share Buyback and Cancellation

Story Highlights
Future plc Announces Share Buyback and Cancellation

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Future plc ( (GB:FUTR) ) has shared an update.

Future plc, a company involved in media and publishing, has announced the repurchase of 112,006 of its ordinary shares through J.P. Morgan Securities plc, with plans to cancel these shares. This transaction is part of a larger buyback program initiated on 1 August 2025, during which the company has acquired a total of 533,647 shares at a cost of £3,888,608.46. The move to cancel the repurchased shares is likely aimed at reducing the number of shares in circulation, potentially increasing the value of remaining shares and returning value to shareholders.

The most recent analyst rating on (GB:FUTR) stock is a Buy with a £13.10 price target. To see the full list of analyst forecasts on Future plc stock, see the GB:FUTR Stock Forecast page.

Spark’s Take on GB:FUTR Stock

According to Spark, TipRanks’ AI Analyst, GB:FUTR is a Neutral.

Future plc’s overall stock score is driven by a strong valuation, indicating the stock may be undervalued. However, technical analysis shows bearish momentum, which could pose short-term risks. The company’s stable financial performance supports its long-term prospects, but improvements in revenue growth and profitability are needed.

To see Spark’s full report on GB:FUTR stock, click here.

More about Future plc

Average Trading Volume: 706,073

Technical Sentiment Signal: Sell

Current Market Cap: £742.5M

For a thorough assessment of FUTR stock, go to 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