Johnson Service Group PLC Executes Share Buyback

Johnson Service ( (GB:JSG) ) has provided an announcement.

Johnson Service Group PLC, a company involved in the textile services industry, has announced the purchase of 247,561 of its own ordinary shares through Investec Bank plc. The transaction is part of a buyback program initiated on March 5, 2025, with the intention to cancel the purchased shares. This move is likely aimed at consolidating the company’s share capital and potentially enhancing shareholder value by reducing the number of shares in circulation.

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 shows a strong financial foundation with steady growth and efficient operations. The ongoing share buyback program and transition to the Main Market are positive strategic moves. While technical indicators are moderately positive, the valuation remains fair. The focus on improving net profit margins will be crucial moving forward.

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

More about Johnson Service

Average Trading Volume: 2,137,254

Technical Sentiment Signal: Strong Buy

Current Market Cap: £582.5M

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