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Howden Joinery Transfers Treasury Shares to Employees

Story Highlights
  • Howden Joinery operates in the home improvement industry, providing kitchen and joinery products.
  • The company transferred 26,351 shares from treasury, affecting shareholders’ voting rights calculations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Howden Joinery Transfers Treasury Shares to Employees

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Howden Joinery ( (GB:HWDN) ) just unveiled an update.

Howden Joinery Group PLC has announced the transfer of 26,351 ordinary shares from treasury as part of an employees’ share scheme. Following this transfer, the company’s issued capital now consists of 549,069,730 shares, with 545,910,111 shares carrying full voting rights. This update is relevant for shareholders to determine their interests in accordance with the FCA’s Disclosure Guidance and Transparency Rules.

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 strong financial performance and strategic initiatives, despite challenging market conditions, provide a solid foundation. The earnings call highlights resilience and growth strategies, while technical indicators suggest potential entry points. Valuation remains a positive aspect with an attractive dividend yield. Overall, the company is well-positioned but must navigate market challenges.

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

More about Howden Joinery

Howden Joinery Group PLC operates in the home improvement industry, primarily providing kitchen and joinery products. The company focuses on supplying builders and tradespeople with a wide range of products, including kitchen cabinets, appliances, and joinery items, to support home renovation and construction projects.

Average Trading Volume: 1,653,502

Technical Sentiment Signal: Strong Buy

Current Market Cap: £4.57B

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

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