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FW Thorpe Plc ( (GB:TFW) ) has provided an announcement.
FW Thorpe Plc announced the purchase of 280,000 of its ordinary shares at a price of 290.0 pence per share, which will be held in treasury. This transaction affects the company’s total voting rights, now consisting of 116,536,908, which shareholders can use to determine their share capital interests under the DTRs.
Spark’s Take on GB:TFW Stock
According to Spark, TipRanks’ AI Analyst, GB:TFW is a Outperform.
FW Thorpe Plc is in a strong financial position with minimal leverage, robust cash flow, and steady dividend growth. Despite technical indicators suggesting caution, the company’s balanced valuation and strategic investments point to sustained long-term growth potential.
To see Spark’s full report on GB:TFW stock, click here.
More about FW Thorpe Plc
FW Thorpe Plc is a group of companies specializing in the design, manufacture, and supply of professional lighting systems.
YTD Price Performance: -7.62%
Average Trading Volume: 47,935
Technical Sentiment Signal: Buy
Current Market Cap: £341.1M
See more insights into TFW stock on TipRanks’ Stock Analysis page.