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Greencoat UK Wind Executes Share Buyback Program

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Greencoat UK Wind Executes Share Buyback Program

Meet Your ETF AI Analyst

An update from Greencoat UK Wind ( (GB:UKW) ) is now available.

Greencoat UK Wind PLC has executed a share buyback program, purchasing 46,200 ordinary shares at an average price of 100.79 pence per share. This transaction is part of the company’s strategy to manage its capital structure and enhance shareholder value, with the repurchased shares being held in treasury.

The most recent analyst rating on (GB:UKW) stock is a Buy with a £145.00 price target. To see the full list of analyst forecasts on Greencoat UK Wind stock, see the GB:UKW Stock Forecast page.

Spark’s Take on GB:UKW Stock

According to Spark, TipRanks’ AI Analyst, GB:UKW is a Neutral.

Greencoat UK Wind’s overall stock score is negatively impacted by significant revenue declines and profitability issues, which are the most critical factors. The stable balance sheet and positive cash flow provide some support, while recent share buybacks show strategic initiatives to enhance shareholder value. Nonetheless, bearish technical trends and a negative P/E ratio limit the stock’s attractiveness.

To see Spark’s full report on GB:UKW stock, click here.

More about Greencoat UK Wind

Greencoat UK Wind PLC is a company operating in the renewable energy sector, primarily focusing on wind power generation. It is involved in the acquisition and operation of wind farms across the UK, contributing to sustainable energy solutions.

Average Trading Volume: 4,544,855

Technical Sentiment Signal: Sell

Learn more about UKW stock on TipRanks’ Stock Analysis page.

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