Johnson Service Group PLC Announces Share Buyback

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

Johnson Service Group PLC, a company involved in the textile services industry, announced the repurchase of 235,708 of its ordinary shares at prices ranging from 143.20 to 145.00 pence per share, with a weighted average price of 144.1495 pence. The shares were purchased through Investec Bank plc and are intended to be canceled as part of a buyback program initiated on March 5, 2025. This move is likely aimed at enhancing shareholder value by reducing the number of shares outstanding, which could potentially increase earnings per share and strengthen the company’s market position.

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 scores well due to strong financial performance and strategic share buybacks enhancing shareholder value. Moderate technicals and valuation provide a balanced outlook, though major shareholder changes introduce potential governance risks.

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

More about Johnson Service

Average Trading Volume: 1,786,363

Technical Sentiment Signal: Strong Buy

Current Market Cap: £586.5M

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