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Gaming Realms ( (GB:GMR) ) just unveiled an update.
Gaming Realms PLC has repurchased 19,877 of its own ordinary shares at prices between 40.00 and 40.10 pence as part of its ongoing share buyback programme of up to £6 million, executed through Peel Hunt LLP on the London Stock Exchange. The shares will be held in treasury, bringing treasury holdings to 6,624,133 shares and leaving 289,641,881 shares in issue, a figure that defines the company’s total voting rights and provides shareholders with the reference point for disclosure obligations under UK transparency rules.
The most recent analyst rating on (GB:GMR) stock is a Buy with a £47.00 price target. To see the full list of analyst forecasts on Gaming Realms stock, see the GB:GMR Stock Forecast page.
Spark’s Take on GB:GMR Stock
According to Spark, TipRanks’ AI Analyst, GB:GMR is a Outperform.
Gaming Realms demonstrates strong financial health and growth potential, supported by a robust balance sheet and effective cash flow management. The positive impact of the share buyback program further enhances shareholder value. However, the technical indicators suggest caution due to bearish momentum, and the lack of a dividend yield may deter income-focused investors.
To see Spark’s full report on GB:GMR stock, click here.
More about Gaming Realms
Gaming Realms PLC is a UK-listed online gaming company focused on developing, publishing and licensing mobile-focused real money and social games. Its primary products center on innovative gaming content delivered via digital platforms, targeting regulated markets and online gaming operators.
Average Trading Volume: 492,239
Technical Sentiment Signal: Hold
Current Market Cap: £115.9M
See more data about GMR stock on TipRanks’ Stock Analysis page.