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Pollen Street Group Limited ( (GB:POLN) ) has shared an announcement.
Pollen Street Group Limited has announced the purchase of 60,000 of its own ordinary shares at a price of 790 pence each, as part of a buyback program. The purchased shares will be held in treasury, bringing the total number of shares held in treasury to 3,395,757 and the total number of voting rights to 60,813,840. This transaction is part of a previously announced buyback program and may impact shareholder calculations under FCA rules.
Spark’s Take on GB:POLN Stock
According to Spark, TipRanks’ AI Analyst, GB:POLN is a Outperform.
Pollen Street Group Limited’s strong financial performance and favorable valuation are key strengths, supported by solid revenue growth, low debt levels, and a high dividend yield. The recent positive corporate events further enhance its market positioning. While technical indicators show mixed signals, the overall outlook remains positive, with the stock appearing undervalued and offering potential growth and income opportunities.
To see Spark’s full report on GB:POLN stock, click here.
More about Pollen Street Group Limited
Average Trading Volume: 87,222
Technical Sentiment Signal: Buy
Current Market Cap: £481.8M
See more data about POLN stock on TipRanks’ Stock Analysis page.