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Johnson Service Group Announces Share Buyback

Story Highlights
  • Johnson Service Group repurchased 339,447 shares at prices between 153.60 and 157.80 pence.
  • The shares will be canceled, potentially affecting share value and investor perceptions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Johnson Service Group Announces Share Buyback

Elevate Your Investing Strategy:

An update from Johnson Service ( (GB:JSG) ) is now available.

Johnson Service Group PLC, a company involved in the textile services industry, announced the repurchase of 339,447 of its ordinary shares at prices ranging from 153.60 to 157.80 pence per share, with a weighted average price of 155.6284 pence. The repurchased shares are intended to be canceled as part of a buyback program initiated in March 2025, which may impact the company’s share value and investor perceptions by reducing the total number of shares outstanding.

The most recent analyst rating on (GB:JSG) stock is a Buy with a £2.00 price target. To see the full list of analyst forecasts on Johnson Service stock, see the GB:JSG Stock Forecast page.

Spark’s Take on GB:JSG Stock

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

Johnson Service’s strong financial performance and strategic share buybacks are major positives. Technical indicators suggest solid momentum but caution due to potential overbought conditions. Valuation is reasonable but requires attention due to high dividend yield.

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

More about Johnson Service

Average Trading Volume: 2,717,899

Technical Sentiment Signal: Strong Buy

Current Market Cap: £629.5M

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

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