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 provided an update.

Future plc has announced the purchase of 78,379 of its ordinary shares through J.P. Morgan Securities plc, with the intention to cancel these shares. This move is part of a broader buyback program, which since August 2025, has seen the company repurchase over 3 million shares at a cost of approximately £22.47 million. The cancellation of these shares reduces the total number of shares in issue to 100,773,302, potentially enhancing shareholder value and reflecting the company’s confidence in its financial position.

The most recent analyst rating on (GB:FUTR) stock is a Buy with a £809.00 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 Outperform.

Future plc’s overall stock score is driven by its stable financial performance and reasonable valuation. While the technical indicators show a neutral trend, the company’s consistent cash flow and cost management are positive factors. However, challenges in revenue growth and profitability margins, along with a modest dividend yield, slightly temper the overall outlook.

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

More about Future plc

Average Trading Volume: 598,732

Technical Sentiment Signal: Sell

Current Market Cap: £709.8M

See more data about FUTR 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