Future plc Executes Share Buyback, Cancels 60,000 Shares

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

Future plc has announced the purchase of 60,000 of its own Ordinary 15p Shares as part of its ongoing share buyback programme. The shares were acquired at prices ranging from 684.50 GBp to 697.00 GBp and will be cancelled, reducing the total number of shares in issue to 105,920,969. This transaction affects the total voting rights in the company, which shareholders can use for notification obligations 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 Neutral.

Future plc’s overall stock score reflects its solid financial fundamentals, particularly in cash flow and valuation. However, technical indicators reveal bearish trends which weigh down the score. The lack of recent earnings call data limits further insights into the company’s strategic outlook.

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

More about Future plc

Average Trading Volume: 630,231

Technical Sentiment Signal: Sell

Current Market Cap: £728.8M

See more insights into FUTR stock on TipRanks’ Stock Analysis page.