Pollen Street Group Executes Share Buyback

The latest announcement is out from Pollen Street Group Limited ( (GB:POLN) ).

Pollen Street Group Limited, a company involved in financial services, has executed a share buyback, purchasing 100,000 of its ordinary shares at a price of 780 pence each through Investec Bank plc. The purchased shares will be held in treasury, leading to a total of 3,721,101 treasury shares and 60,488,496 shares in issue. This transaction is part of a buyback programme announced in March 2024, which impacts the company’s share structure and voting rights.

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: 105,424

Technical Sentiment Signal: Strong Buy

Current Market Cap: £472.6M

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