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Johnson Service Group Executes Share Buyback

Story Highlights
  • Johnson Service Group repurchased 213,204 shares at an average price of 147.3996 pence.
  • The repurchased shares will be canceled, aligning with a buyback program to enhance shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Johnson Service Group Executes Share Buyback

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

Johnson Service Group PLC, a company involved in the textile services industry, has announced a transaction involving the repurchase of 213,204 of its ordinary shares at prices ranging from 146.00 to 149.00 pence per share, with a weighted average price of 147.3996 pence. The shares were purchased through Investec Bank plc and are intended to be canceled as part of a buyback program announced earlier in March 2025. This move is likely aimed at consolidating the company’s share capital and potentially enhancing 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 PLC shows a positive financial trajectory with robust revenue and cash flow growth. The recent share buyback and strategic move to the Main Market are likely to enhance shareholder value and improve market positioning. Despite this, increased debt levels and a significant change in shareholder structure pose potential risks.

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

More about Johnson Service

Average Trading Volume: 2,573,165

Technical Sentiment Signal: Strong Buy

Current Market Cap: £594.4M

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

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