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The latest announcement is out from London Stock Exchange ( (GB:LSEG) ).
LSEG has executed a share buyback transaction, purchasing 276,645 of its ordinary shares from Goldman Sachs International. This move is part of a previously announced buyback program aimed at optimizing the company’s capital structure. The purchased shares will be held in treasury, adjusting the total voting rights to 524,017,256. This transaction underscores LSEG’s strategic focus on enhancing shareholder value and maintaining a robust financial position.
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, data and analytics, and post-trade services. LSEG is a prominent player in the global financial markets, facilitating capital raising, trading, and investment activities.
Average Trading Volume: 1,390,685
Technical Sentiment Signal: Sell
Current Market Cap: £45.71B
For a thorough assessment of LSEG stock, go to TipRanks’ Stock Analysis page.