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Johnson Service ( (GB:JSG) ) has issued an announcement.
Johnson Service Group PLC, a company involved in the textile and laundry services industry, announced the repurchase of 441,586 of its ordinary shares through Investec Bank plc, with plans to cancel these shares. This move is part of a buyback program initiated on March 5, 2025, aimed at consolidating the company’s share capital. The transaction reflects the company’s strategic efforts to enhance shareholder value and optimize its capital structure.
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 Neutral.
Johnson Service Group shows strong financial performance and strategic corporate actions like share buybacks, which are offset by bearish technical indicators and some concerns over shareholder changes. The company maintains a fair valuation, supporting a balanced investment outlook.
To see Spark’s full report on GB:JSG stock, click here.
More about Johnson Service
Average Trading Volume: 3,193,721
Technical Sentiment Signal: Buy
Current Market Cap: £550.9M
Find detailed analytics on JSG stock on TipRanks’ Stock Analysis page.