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Future plc Executes Share Buyback, Cancelling 49,808 Shares

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Future plc Executes Share Buyback, Cancelling 49,808 Shares

Confident Investing Starts Here:

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

Future plc has executed a share buyback, purchasing 49,808 of its Ordinary 15p Shares as part of its ongoing Share Buyback Programme. The shares were acquired at prices ranging from 725.00 GBp to 738.50 GBp and will be cancelled, leaving the company with 104,834,767 shares in issue. This move is expected to impact the company’s total voting rights and may influence shareholder notifications under the FCA’s Disclosure Guidance and Transparency 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 Outperform.

Future plc demonstrates stable financials with significant strengths in cash flow management and undervaluation relative to peers. Recent corporate actions, such as share buybacks, further enhance the stock’s appeal by increasing shareholder value. The technical indicators support a positive short-term outlook, although improvements in revenue growth and profitability margins could strengthen the company’s financial position further.

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

More about Future plc

Average Trading Volume: 753,176

Technical Sentiment Signal: Sell

Current Market Cap: £753M

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

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