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London Stock Exchange ( (GB:LSEG) ) has shared an update.
London Stock Exchange Group plc announced the purchase of 117,000 of its ordinary shares as part of its ongoing share buyback program. This transaction, executed through Goldman Sachs International, is part of LSEG’s strategy to manage its share capital and enhance shareholder value. The shares will be held in treasury, and the total voting rights in the company will remain at 522,540,966, potentially impacting shareholder notifications under regulatory guidelines.
The most recent analyst rating on (GB:LSEG) stock is a Buy with a £13450.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.
Spark’s Take on GB:LSEG Stock
According to Spark, TipRanks’ AI Analyst, GB:LSEG is a Neutral.
The London Stock Exchange’s overall stock score reflects strong financial performance, which is the most significant factor. However, bearish technical indicators and a high P/E ratio weigh down the score. The lack of earnings call data and corporate events limits additional insights.
To see Spark’s full report on GB:LSEG stock, click here.
More about London Stock Exchange
London Stock Exchange Group plc (LSEG) operates in the financial services industry, primarily offering services related to stock exchange and financial market infrastructure. The company focuses on providing trading, clearing, and information services to financial markets and stakeholders globally.
Average Trading Volume: 1,360,815
Technical Sentiment Signal: Sell
Current Market Cap: £43.03B
For a thorough assessment of LSEG stock, go to TipRanks’ Stock Analysis page.