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Johnson Service Group Announces Share Buyback

Story Highlights
  • Johnson Service Group repurchased 114,839 shares at an average price of 146.0576 pence.
  • The company plans to cancel these shares as part of its buyback programme to enhance shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
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, has announced the repurchase of 114,839 of its ordinary shares through Investec Bank plc, at prices ranging from 145.20 to 148.20 pence per share, with a weighted average price of 146.0576 pence. The company plans to cancel these shares as part of a buyback programme initiated earlier in September 2025, which could potentially enhance shareholder value and improve the company’s stock market performance by reducing the number of shares outstanding.

The most recent analyst rating on (GB:JSG) stock is a Buy with a £163.00 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 receives a strong score due to its solid financial performance and positive earnings call sentiment. While technical indicators are neutral, the company’s valuation is reasonable, and the outlook remains positive despite some operational challenges.

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

More about Johnson Service

Average Trading Volume: 2,733,858

Technical Sentiment Signal: Buy

Current Market Cap: £564.7M

Find detailed analytics on JSG stock on TipRanks’ Stock Analysis page.

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