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Future plc ( (GB:FUTR) ) just unveiled an announcement.
Future plc has announced a transaction involving the purchase of its own shares as part of a share buyback program. The company acquired 29,556 of its Ordinary 15p Shares at prices ranging from 707.00 GBp to 715.00 GBp, with an average price of 711.4239 GBp per share. These shares will be cancelled, reducing the total number of shares in issue to 103,793,631. 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’s overall stock score is driven by strong valuation and positive corporate events, notably share buybacks. Financial performance is stable but has areas for improvement, particularly in profitability and revenue growth. Technical analysis shows mixed signals, with a bearish trend in price movements.
To see Spark’s full report on GB:FUTR stock, click here.
More about Future plc
Average Trading Volume: 716,299
Technical Sentiment Signal: Sell
Current Market Cap: £726.4M
For a thorough assessment of FUTR stock, go to TipRanks’ Stock Analysis page.