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Johnson Service Group Announces Share Buyback

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Johnson Service Group Announces Share Buyback

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Johnson Service ( (GB:JSG) ) has issued an update.

Johnson Service Group PLC, a company involved in the textile services industry, has announced the repurchase of 131,937 of its ordinary shares through Investec Bank plc as part of a buyback program initiated in March 2025. The shares were bought at prices ranging from 139.60 pence to 142.20 pence, with a weighted average price of 141.3638 pence. The company plans to cancel the repurchased shares, which may impact its share capital structure and potentially enhance shareholder value by reducing the 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 Neutral.

Johnson Service Group shows strong financial performance and corporate strategies like share buybacks, which enhance shareholder value. However, current technical indicators suggest a bearish trend, which tempers the overall score. Valuation is fair, supported by an attractive dividend yield.

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

More about Johnson Service

Average Trading Volume: 3,134,196

Technical Sentiment Signal: Buy

Current Market Cap: £563.3M

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

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