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An announcement from LSL Property Services ( (GB:LSL) ) is now available.
LSL Property Services PLC has executed a share buyback transaction, purchasing 10,000 ordinary shares at an average price of 311.5 GBp per share as part of its ongoing share buyback program. These shares will be held in treasury, impacting the company’s share capital structure by increasing the number of treasury shares to 1,923,761, while the total shares in issue with voting rights remain at 103,235,189. This move is part of LSL’s strategy to manage its capital structure and potentially enhance shareholder value.
The most recent analyst rating on (GB:LSL) stock is a Buy with a £4.28 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 shows a positive outlook driven by strong financial recovery and technical indicators. The strategic corporate events, such as share buybacks and incentive plans, further enhance shareholder confidence. Valuation remains reasonable, supported by a solid dividend yield.
To see Spark’s full report on GB:LSL stock, click here.
More about LSL Property Services
LSL Property Services PLC operates in the property services industry, focusing on real estate services and financial services related to property transactions. The company is known for its involvement in estate agency, surveying, and mortgage broking, primarily serving the UK market.
Average Trading Volume: 88,459
Technical Sentiment Signal: Strong Buy
Current Market Cap: £326.8M
Learn more about LSL stock on TipRanks’ Stock Analysis page.