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London Stock Exchange ( (GB:LSEG) ) just unveiled an announcement.
London Stock Exchange Group plc has executed a share buyback transaction, purchasing 210,000 of its ordinary shares from Goldman Sachs International at an average price of 90.1621 pence per share. This move is part of LSEG’s ongoing share buyback program, and the purchased shares will be held in treasury. The transaction affects the total voting rights in the company, which now stand at 524,500,901, a figure relevant for shareholders and stakeholders under FCA’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:LSEG) stock is a Buy with a £12400.00 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, providing a range of services including trading platforms, clearing, settlement, and information services. It is a key player in the global financial markets, facilitating capital raising and offering data and analytics solutions to its clients.
Average Trading Volume: 1,362,847
Technical Sentiment Signal: Hold
Current Market Cap: £48.45B
See more insights into LSEG stock on TipRanks’ Stock Analysis page.