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Future plc ( (GB:FUTR) ) just unveiled an update.
Future plc has executed a share buyback, purchasing 50,000 of its Ordinary Shares as part of its ongoing Share Buyback Programme. The shares were bought at prices ranging from 707.00 GBp to 715.00 GBp and will be cancelled, reducing the total number of shares in issue to 104,014,142. This move is likely to impact the company’s market position by potentially increasing shareholder value and adjusting the total voting rights, which stakeholders can use for regulatory notifications.
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 scores well due to its attractive valuation, particularly the low P/E ratio and high dividend yield, which indicate a potentially undervalued stock with strong shareholder returns. Financial performance is stable, though improvements in revenue growth and profitability would be beneficial. Technical analysis shows neutral momentum, not indicating a strong bullish or bearish trend.
To see Spark’s full report on GB:FUTR stock, click here.
More about Future plc
Future plc operates in the media industry, focusing on publishing and digital media services. The company is known for its diverse portfolio of brands and content, catering to various consumer interests and markets.
Average Trading Volume: 763,028
Technical Sentiment Signal: Sell
Current Market Cap: £760.2M
For detailed information about FUTR stock, go to TipRanks’ Stock Analysis page.