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Helios Towers ( (GB:HTWS) ) has provided an announcement.
Helios Towers plc has executed a share buyback program, purchasing 350,000 of its ordinary shares at an average price of 155.34 pence per share on the London Stock Exchange. The company plans to cancel these shares, reducing the total number of shares in issue to 1,048,230,702, which may impact shareholder calculations under the Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:HTWS) stock is a Buy with a £215.00 price target. To see the full list of analyst forecasts on Helios Towers stock, see the GB:HTWS Stock Forecast page.
Spark’s Take on GB:HTWS Stock
According to Spark, TipRanks’ AI Analyst, GB:HTWS is a Neutral.
Helios Towers’ stock score is primarily driven by its strong technical momentum, despite high valuation concerns. The company’s financial performance is mixed, with strong operational efficiency but high leverage and negative revenue growth. The absence of a dividend yield further impacts the valuation score negatively. The positive sentiment from the earnings call is not factored into the score due to its exclusion from the weighted calculation.
To see Spark’s full report on GB:HTWS stock, click here.
More about Helios Towers
Helios Towers plc operates in the telecommunications infrastructure industry, primarily focusing on providing mobile tower infrastructure services. The company is known for its extensive network of telecom towers across various emerging markets, facilitating mobile connectivity and communication services.
Average Trading Volume: 2,804,663
Technical Sentiment Signal: Buy
Current Market Cap: £1.64B
For detailed information about HTWS stock, go to TipRanks’ Stock Analysis page.