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Future plc Executes Share Buyback, Cancels 56,309 Shares

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Future plc Executes Share Buyback, Cancels 56,309 Shares

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The latest announcement is out from Future plc ( (GB:FUTR) ).

Future plc has announced the purchase of 56,309 of its own Ordinary Shares as part of its share buyback program, with prices ranging from 700.00 GBp to 710.00 GBp per share. This transaction will result in the cancellation of the purchased shares, leaving the company with 105,404,681 shares in issue and the same number of total voting rights, impacting shareholder calculations under FCA’s 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’s overall stock score of 73 reflects a stable financial performance supported by strong cash flows and well-managed corporate events like share buybacks. While the valuation is attractive, technical indicators point to bearish momentum, which tempers the overall outlook.

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

More about Future plc

Average Trading Volume: 661,807

Technical Sentiment Signal: Sell

Current Market Cap: £728.5M

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

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