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Future plc ( (GB:FUTR) ) has provided an announcement.
Future plc has executed a share buyback program, purchasing 17,559 of its Ordinary Shares at prices ranging from 744.00 GBp to 750.50 GBp, with an average price of 748.4790 GBp. This transaction reduces the total number of shares in circulation to 106,673,012, impacting the company’s voting rights and potentially influencing shareholder decisions under the FCA’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:FUTR) stock is a Buy with a £12.60 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 reflects a stable financial foundation with strong cash flow management and an attractive valuation. However, challenges in revenue growth and bearish technical indicators present near-term risks. The strategic share buyback program supports shareholder value, but caution is warranted due to current market trends.
To see Spark’s full report on GB:FUTR stock, click here.
More about Future plc
Average Trading Volume: 535,083
Technical Sentiment Signal: Sell
Current Market Cap: £775.1M
For detailed information about FUTR stock, go to TipRanks’ Stock Analysis page.