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Future plc Executes Share Buyback, Cancels 23,611 Shares

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Future plc Executes Share Buyback, Cancels 23,611 Shares

Confident Investing Starts Here:

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

Future plc has announced the repurchase of 23,611 of its Ordinary 15p Shares as part of its ongoing share buyback programme. The shares were bought at prices ranging from 700.00 GBp to 715.00 GBp and will be cancelled, adjusting the total voting rights in the company to 105,151,813. This move is part of Future plc’s strategy to manage its capital structure and enhance shareholder value.

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’s overall score is driven by its stable financial performance and supportive corporate events like share buybacks, which underline management’s confidence. However, the neutral technical indicators and the need for improved profitability margins limit the score.

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

More about Future plc

Average Trading Volume: 668,024

Technical Sentiment Signal: Sell

Current Market Cap: £726.9M

Learn more about FUTR stock on TipRanks’ Stock Analysis page.

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