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Johnson Service Group Executes Share Buyback

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Johnson Service Group Executes Share Buyback

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Johnson Service ( (GB:JSG) ) just unveiled an announcement.

Johnson Service Group PLC has announced a share buyback, purchasing 217,678 of its ordinary shares at prices ranging from 142.60 to 145.00 pence, with a weighted average price of 143.8287 pence. The company plans to cancel these shares as part of its ongoing buyback program initiated earlier this month, which may influence its stock value and shareholder returns.

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: 2,631,657

Technical Sentiment Signal: Buy

Current Market Cap: £559.8M

See more insights into JSG stock on TipRanks’ Stock Analysis page.

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