Johnson Service Group Announces Share Buyback and Cancellation

Johnson Service ( (GB:JSG) ) has shared an announcement.

Johnson Service Group PLC, a company involved in the purchase of its own shares, has announced the acquisition of 24,427 ordinary shares at prices ranging from 148.60 to 150.00 pence per share. The company plans to cancel these shares as part of a buyback program initiated in March 2025, which aims to manage the company’s capital structure and potentially enhance 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’s strong financial performance and strategic share buybacks lead to a favorable outlook. While technical indicators show positive momentum, the stock’s valuation remains fair. The absence of earnings call highlights limits further insights into management’s strategic outlook.

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

More about Johnson Service

Average Trading Volume: 1,001,987

Technical Sentiment Signal: Strong Buy

Current Market Cap: £608.1M

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