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Future plc Executes Share Buyback, Adjusts Voting Rights

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Future plc Executes Share Buyback, Adjusts Voting Rights

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Future plc ( (GB:FUTR) ) just unveiled an update.

Future plc has executed a share buyback program, purchasing 40,000 of its Ordinary 15p Shares through Deutsche Numis, with prices ranging from 742.00 GBp to 750.50 GBp. This transaction reduces the total number of shares in issue to 104,794,767, impacting the company’s total voting rights and potentially affecting shareholder interests in accordance with FCA’s Disclosure Guidance and Transparency Rules.

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 Outperform.

Future plc demonstrates stable financials with significant strengths in cash flow management and undervaluation relative to peers. Recent corporate actions, such as share buybacks, further enhance the stock’s appeal by increasing shareholder value. The technical indicators support a positive short-term outlook, although improvements in revenue growth and profitability margins could strengthen the company’s financial position further.

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

More about Future plc

Average Trading Volume: 754,607

Technical Sentiment Signal: Sell

Current Market Cap: £775.6M

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

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