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Johnson Service Group Announces Share Buyback as Part of Capital Management Strategy

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Johnson Service Group Announces Share Buyback as Part of Capital Management Strategy

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

Johnson Service Group PLC, a company engaged in the textile services industry, has announced the repurchase of 91,863 of its ordinary shares at a weighted average price of 139.9664 pence per share, with the intention to cancel these shares. This transaction is part of a buyback program initiated earlier in March 2025, and it reflects the company’s strategic move to manage its capital structure, potentially enhancing shareholder value and signaling confidence in its financial health.

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 buyback program are the primary drivers of its solid stock score. While technical indicators suggest a neutral trend, the company’s valuation remains attractive, supported by a reasonable P/E ratio and dividend yield.

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

More about Johnson Service

Average Trading Volume: 3,710,644

Technical Sentiment Signal: Buy

Current Market Cap: £552.6M

For detailed information about JSG stock, go to TipRanks’ Stock Analysis page.

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