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Johnson Service Group PLC Announces Share Buyback

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Johnson Service Group PLC Announces Share Buyback

Confident Investing Starts Here:

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

Johnson Service Group PLC, a company engaged in a share buyback program, announced the purchase of 443,062 of its ordinary shares at prices ranging from 141.00 to 150.20 pence per share. The company plans to cancel these shares as part of its ongoing buyback initiative, which aims to optimize its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:JSG) stock is a Buy with a £195.00 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 corporate actions like share buybacks and market listing changes significantly benefit its stock score. Positive technical indicators and reasonable valuation further support the stock’s potential. Earnings call data was not available, thus not influencing the score.

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

More about Johnson Service

Average Trading Volume: 1,375,030

Technical Sentiment Signal: Strong Buy

Current Market Cap: £608.3M

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

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