Pollen Street Group Executes Share Buyback

Pollen Street Group Limited ( (GB:POLN) ) has issued an announcement.

Pollen Street Group Limited announced the purchase of 60,000 of its own ordinary shares at a price of 788 pence per share, which will be held in treasury. This transaction is part of a buyback program initiated in March 2024, and it affects the company’s total voting rights, now standing at 60,723,840. The move is likely aimed at consolidating ownership and potentially enhancing shareholder value.

The most recent analyst rating on (GB:POLN) stock is a Buy with a £9.50 price target. To see the full list of analyst forecasts on Pollen Street Group Limited stock, see the GB:POLN Stock Forecast page.

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: 90,517

Technical Sentiment Signal: Buy

Current Market Cap: £478M

Find detailed analytics on POLN stock on TipRanks’ Stock Analysis page.