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Future plc ( (GB:FUTR) ) just unveiled an update.
Future plc has executed a share buyback, purchasing 27,857 of its Ordinary 15p Shares at prices ranging from 717.00 GBp to 728.50 GBp, as part of its ongoing Share Buyback Programme. The cancellation of these shares reduces the total number of Ordinary Shares in issue to 103,986,285, impacting the total voting rights available to shareholders, and is in compliance with regulatory requirements.
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 solid valuation and strategic corporate actions, particularly the share buybacks, are significant strengths, enhancing shareholder value and confidence. The company’s stable financial performance is a positive, although there is room for improvement in revenue growth and profitability. The technical analysis provides a neutral outlook, reflecting stability in the stock’s price movements.
To see Spark’s full report on GB:FUTR stock, click here.
More about Future plc
Average Trading Volume: 763,800
Technical Sentiment Signal: Sell
Current Market Cap: £732.2M
See more insights into FUTR stock on TipRanks’ Stock Analysis page.