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An update from London Stock Exchange ( (GB:LSEG) ) is now available.
London Stock Exchange Group plc has executed a share buyback program, purchasing 158,905 ordinary shares at an average price of 87.4799 pence per share from Goldman Sachs International. The acquired shares will be held in treasury, adjusting the total voting rights to 523,688,351. This move is part of LSEG’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:LSEG) stock is a Buy with a £129.00 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 stock exchange operations, trading, and market data. The company focuses on facilitating capital markets and offering financial information and analytics to a global clientele.
Average Trading Volume: 1,417,372
Technical Sentiment Signal: Sell
Current Market Cap: £45.09B
For a thorough assessment of LSEG stock, go to TipRanks’ Stock Analysis page.