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Johnson Service Group Announces Share Buyback

Story Highlights
  • Johnson Service Group repurchased 150,000 shares at an average price of 142.6455 pence.
  • The share buyback will reduce outstanding shares, potentially enhancing shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Johnson Service Group Announces Share Buyback

Elevate Your Investing Strategy:

The latest announcement is out from Johnson Service ( (GB:JSG) ).

Johnson Service Group PLC, a company involved in the textile services industry, has announced the repurchase of 150,000 of its ordinary shares at a weighted average price of 142.6455 pence per share. This move is part of a buyback program initiated in March 2025, and the company plans to cancel the purchased shares. The share buyback is expected to impact the company’s capital structure by reducing the number of shares outstanding, potentially enhancing shareholder value.

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 Group shows a strong financial performance with solid revenue and cash flow growth. The valuation is moderate, offering a fair P/E ratio and a decent dividend yield. Technical indicators suggest mixed momentum, with potential short-term bearish signals. The ongoing share buyback program indicates management’s confidence in the company’s prospects, enhancing shareholder value.

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

More about Johnson Service

Average Trading Volume: 3,195,658

Technical Sentiment Signal: Buy

Current Market Cap: £574.4M

See more data about JSG stock on TipRanks’ Stock Analysis page.

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