Future plc Executes Share Buyback, Adjusts Voting Rights

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

Future plc has executed a share buyback program, purchasing 50,000 of its Ordinary 15p Shares at prices ranging from 675.50 GBp to 686.00 GBp, with an average price of 681.1172 GBp. This transaction reduces the total number of shares in issue to 105,818,834, affecting the company’s total voting rights and potentially influencing shareholder interests.

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’s overall stock score reflects its solid financial fundamentals, particularly in cash flow and valuation. However, technical indicators reveal bearish trends which weigh down the score. The lack of recent earnings call data limits further insights into the company’s strategic outlook.

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

More about Future plc

Average Trading Volume: 632,012

Technical Sentiment Signal: Sell

Current Market Cap: £702.4M

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