Future plc Executes Share Buyback, Adjusts Voting Rights

An update from Future plc ( (GB:FUTR) ) is now available.

Future plc has announced the purchase of 100,000 of its own ordinary shares as part of its share buyback program, with the shares being acquired at prices ranging from 651 GBp to 663 GBp. This move reduces the total number of shares in issue to 106,158,327, impacting the company’s voting rights structure and potentially influencing shareholder notifications under regulatory guidelines.

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 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: 617,995

Technical Sentiment Signal: Sell

Current Market Cap: £700.3M

For an in-depth examination of FUTR stock, go to TipRanks’ Stock Analysis page.