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ME Group International ( (GB:MEGP) ) has provided an announcement.
ME Group International has announced that its issued share capital consists of 377,460,836 ordinary shares, with the same number of voting rights. This information is crucial for shareholders to determine their interest in the company under FCA’s rules. The company holds no shares in treasury, indicating a transparent capital structure. This announcement reinforces ME Group’s commitment to maintaining transparency and compliance with regulatory requirements, which could positively impact its stakeholder relations and market positioning.
The most recent analyst rating on (GB:MEGP) stock is a Buy with a £235.00 price target. To see the full list of analyst forecasts on ME Group International stock, see the GB:MEGP Stock Forecast page.
Spark’s Take on GB:MEGP Stock
According to Spark, TipRanks’ AI Analyst, GB:MEGP is a Outperform.
ME Group International scores well due to strong financial performance, effective corporate actions, and positive technical indicators. The company’s strategic initiatives and growth in profitability contribute significantly to its appeal. However, caution is advised due to technical indicators nearing overbought levels.
To see Spark’s full report on GB:MEGP stock, click here.
More about ME Group International
ME Group International plc is a leading provider of automated self-service equipment targeting the consumer market. Operating across 18 countries, primarily in Continental Europe, the UK, Republic of Ireland, and Asia Pacific, the company offers a diverse range of instant-service vending equipment. Its core activities include photobooths and biometric identification solutions (Photo.ME) and unattended laundry services (Wash.ME). Ancillary services include digital printing kiosks (Print.ME) and various vending solutions such as foodservice, children’s rides, and photocopier services. ME Group is known for its innovation and strong partnerships with major site owners in high-footfall locations.
Average Trading Volume: 519,135
Technical Sentiment Signal: Buy
Current Market Cap: £863.6M
Learn more about MEGP stock on TipRanks’ Stock Analysis page.