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LSL Property Services Executes Share Buyback

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LSL Property Services Executes Share Buyback

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LSL Property Services ( (GB:LSL) ) has provided an update.

LSL Property Services PLC has executed a share buyback, purchasing 4,300 ordinary shares at a price of 257.50 pence each as part of its ongoing share buyback program. This transaction, conducted through Shore Capital, affects the company’s total voting rights and share capital structure, with the repurchased shares held in treasury, potentially impacting shareholder calculations under FCA rules.

The most recent analyst rating on (GB:LSL) stock is a Buy with a £297.00 price target. To see the full list of analyst forecasts on LSL Property Services stock, see the GB:LSL Stock Forecast page.

Spark’s Take on GB:LSL Stock

According to Spark, TipRanks’ AI Analyst, GB:LSL is a Outperform.

LSL Property Services is well-positioned with strong financial performance and strategic corporate actions. The positive earnings call and reasonable valuation further support the stock’s potential. However, technical indicators suggest caution due to overbought conditions.

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

More about LSL Property Services

LSL Property Services PLC operates in the real estate sector, primarily focusing on property services. The company is involved in residential property sales, lettings, and the provision of related financial services, with a market focus on the UK.

Average Trading Volume: 119,335

Technical Sentiment Signal: Buy

Current Market Cap: £271.6M

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

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