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Howden Joinery Executes Share Buyback, Adjusts Voting Rights

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Howden Joinery Executes Share Buyback, Adjusts Voting Rights

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Howden Joinery ( (GB:HWDN) ) has shared an update.

Howden Joinery Group PLC announced the repurchase and cancellation of 75,000 of its ordinary shares at an average price of 846.06 pence per share. This transaction, conducted through Numis Securities Limited, is part of the company’s ongoing buyback program and affects the total voting rights, now standing at 545,385,111 shares in issue, excluding treasury shares.

The most recent analyst rating on (GB:HWDN) stock is a Buy with a £930.00 price target. To see the full list of analyst forecasts on Howden Joinery stock, see the GB:HWDN Stock Forecast page.

Spark’s Take on GB:HWDN Stock

According to Spark, TipRanks’ AI Analyst, GB:HWDN is a Outperform.

Howden Joinery’s overall stock score reflects strong financial health and robust cash flow management, which are its most significant strengths. Technical indicators and corporate events like share buybacks support the stock’s attractiveness. However, high valuation metrics and market challenges pose some risks.

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

More about Howden Joinery

Average Trading Volume: 1,680,667

Technical Sentiment Signal: Strong Buy

Current Market Cap: £4.72B

For a thorough assessment of HWDN stock, go to TipRanks’ Stock Analysis page.

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