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Future plc Executes Share Buyback, Cancelling 40,000 Shares

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Future plc Executes Share Buyback, Cancelling 40,000 Shares

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Future plc ( (GB:FUTR) ) has issued an update.

Future plc, a company involved in a share buyback program, announced the purchase of 40,000 of its Ordinary 15p Shares at prices ranging from 668.00 GBp to 682.00 GBp. The shares will be cancelled, leaving the company with 105,778,834 shares in issue, which will affect the total voting rights and may require shareholders to notify changes in their interests under FCA 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 Neutral.

Future plc’s overall stock score reflects a stable financial performance and attractive valuation, offset by bearish technical indicators. The company’s strategic initiatives, such as share buybacks and insider buying, provide additional support to the stock’s long-term potential. However, the current market momentum presents short-term challenges.

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

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

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