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Future plc ( (GB:FUTR) ) has shared an update.
Future plc has executed a share buyback, purchasing 3,098 of its ordinary shares at prices ranging from 747.50 GBp to 750.00 GBp. This move reduces the total number of shares in circulation to 103,983,187, potentially impacting shareholder voting rights and signaling a strategic effort to enhance shareholder value.
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 scores well due to attractive valuation metrics and strategic corporate actions like share buybacks which boost shareholder value. While technical analysis is moderately positive, financial performance shows room for improvement, particularly in revenue growth and profitability.
To see Spark’s full report on GB:FUTR stock, click here.
More about Future plc
Future plc operates in the media industry, focusing on publishing and digital media services. The company is known for its diverse portfolio of brands and content that spans various sectors, including technology, gaming, music, and lifestyle, catering to a wide audience globally.
Average Trading Volume: 731,229
Technical Sentiment Signal: Sell
Current Market Cap: £785.3M
For a thorough assessment of FUTR stock, go to TipRanks’ Stock Analysis page.