Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
An update from Future plc ( (GB:FUTR) ) is now available.
Future plc, a company involved in the media and publishing industry, has announced the repurchase of 40,000 of its Ordinary 15p Shares as part of its ongoing share buyback program. The shares were purchased at prices ranging from 731.00 GBp to 747.50 GBp, with a volume-weighted average price of 738.8936 GBp. These shares will be cancelled, reducing the total number of shares in issue to 104,414,142, which will also be the new total voting rights in the company. This move is in line with the company’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:FUTR) stock is a Buy with a £9.00 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 strong valuation metrics, including a low P/E ratio and high dividend yield, significantly contribute to its attractiveness. The technical indicators also support a positive outlook with moderate momentum. However, financial performance highlights challenges in revenue growth and profit margins, which temper the overall score.
To see Spark’s full report on GB:FUTR stock, click here.
More about Future plc
Average Trading Volume: 738,408
Technical Sentiment Signal: Sell
Current Market Cap: £764.8M
For detailed information about FUTR stock, go to TipRanks’ Stock Analysis page.