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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) ) has shared an update.

Johnson Service Group PLC, a company involved in a share buyback program, announced the purchase of 209,757 of its ordinary shares at prices ranging from 136.20 to 138.80 pence per share, with a weighted average price of 137.8709 pence. This transaction, conducted through Investec Bank plc, is part of a previously announced buyback program, and the company intends to cancel the purchased shares, potentially impacting its share capital and market positioning.

The most recent analyst rating on (GB:JSG) stock is a Buy with a £158.00 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’s strong financial performance and positive earnings call sentiment are the primary drivers of its stock score. While technical indicators suggest some bearish trends, the company’s solid fundamentals and strategic initiatives provide a positive outlook.

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

More about Johnson Service

Average Trading Volume: 1,620,058

Technical Sentiment Signal: Hold

Current Market Cap: £528.2M

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

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