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Future plc ( (GB:FUTR) ) just unveiled an update.
Future plc has executed a share buyback program, purchasing 50,000 of its Ordinary 15p Shares through Deutsche Numis, with the lowest and highest prices paid per share being 738.00 GBp and 759.50 GBp, respectively. This move reduces the total number of shares in issue to 106,623,012, impacting the total voting rights and potentially affecting shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:FUTR) stock is a Buy with a £1545.00 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 Neutral.
Future plc’s overall stock score reflects a stable financial foundation with strong cash flow management and an attractive valuation. However, challenges in revenue growth and bearish technical indicators present near-term risks. The strategic share buyback program supports shareholder value, but caution is warranted due to current market trends.
To see Spark’s full report on GB:FUTR stock, click here.
More about Future plc
Average Trading Volume: 533,979
Technical Sentiment Signal: Sell
Current Market Cap: £797.4M
For detailed information about FUTR stock, go to TipRanks’ Stock Analysis page.