tiprankstipranks
Trending News
More News >

Future plc Executes Share Buyback, Adjusts Voting Rights

Story Highlights
Future plc Executes Share Buyback, Adjusts Voting Rights

Confident Investing Starts Here:

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

Future plc, a company engaged in a share buyback program, announced the purchase of 100,000 of its Ordinary 15p Shares at prices ranging from 675.50 GBp to 723.50 GBp. This transaction is part of a previously announced buyback program and results in a total of 106,453,012 voting rights in the company, impacting shareholders’ notification obligations under the FCA’s 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 has a stable financial foundation with strong cash flow management and strategic capital initiatives like share buybacks. However, bearish technical trends and challenges in revenue growth pose short-term risks. Despite attractive valuation, the overall score reflects these mixed factors.

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

More about Future plc

Average Trading Volume: 594,013

Technical Sentiment Signal: Sell

Current Market Cap: £702.7M

For a thorough assessment of FUTR stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report 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