Pollen Street Group Executes Share Buyback Program

An update from Pollen Street Group Limited ( (GB:POLN) ) is now available.

Pollen Street Group Limited, a financial services company, has executed a share buyback program, purchasing 300,000 of its ordinary shares at a consistent price of 790 pence per share. The shares will be held in treasury, impacting the total number of voting rights, which now stands at 60,188,496. This move is part of a broader buyback program initiated in March 2024, potentially influencing shareholder interests and market perceptions of the company’s stock 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: 107,388

Technical Sentiment Signal: Strong Buy

Current Market Cap: £479.1M

See more data about POLN stock on TipRanks’ Stock Analysis page.