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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) ) just unveiled an announcement.

Johnson Service Group PLC, a company involved in the textile services industry, announced a share buyback transaction where it purchased 84,111 of its ordinary shares through Investec Bank plc. The shares were bought at prices ranging from 142.00 to 144.60 pence per share, with a weighted average price of 143.5566 pence. The company plans to cancel these shares as part of its ongoing buyback program, which was initially announced in March 2025. This move is likely aimed at consolidating ownership and potentially increasing shareholder value.

The most recent analyst rating on (GB:JSG) stock is a Buy with a £159.00 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 scores well due to strong financial performance, particularly in revenue and cash flow growth. Technical indicators suggest neutral momentum, and the valuation is reasonable with a moderate dividend yield. Continued focus on improving profit margins and managing debt will be key for future performance.

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

More about Johnson Service

Average Trading Volume: 3,758,266

Technical Sentiment Signal: Buy

Current Market Cap: £570M

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

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