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Record plc Manager Acquires Shares Under Incentive Plan

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Record plc Manager Acquires Shares Under Incentive Plan

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An update from Record plc ( (GB:REC) ) is now available.

Record plc announced that Thomas Arnold, the Head of Client Team, has acquired 363 ordinary shares in the company at a price of 61.55 pence per share as part of the Record plc Share Incentive Plan. This transaction, conducted on the London Stock Exchange, reflects the company’s ongoing commitment to align managerial interests with shareholder value, potentially enhancing stakeholder confidence in Record plc’s governance and market strategy.

The most recent analyst rating on (GB:REC) stock is a Buy with a £66.00 price target. To see the full list of analyst forecasts on Record plc stock, see the GB:REC Stock Forecast page.

Spark’s Take on GB:REC Stock

According to Spark, TipRanks’ AI Analyst, GB:REC is a Outperform.

Record plc’s overall stock score is driven by its strong valuation metrics and solid financial performance, despite some challenges in revenue trends and cash flow. The technical analysis indicates mixed momentum, which slightly tempers the overall score. The company’s attractive dividend yield and low P/E ratio are significant positives.

To see Spark’s full report on GB:REC stock, click here.

More about Record plc

Average Trading Volume: 269,375

Technical Sentiment Signal: Buy

Current Market Cap: £115.7M

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

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