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Restore cancels 160,000 shares after AIM buyback

Story Highlights
  • Restore bought back 160,000 ordinary shares on AIM between 13 and 17 April 2026.
  • The repurchased shares will be cancelled, trimming share capital to 136.4 million and modestly boosting EPS.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Restore cancels 160,000 shares after AIM buyback

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Restore ( (GB:RST) ) just unveiled an update.

Restore plc has executed a series of on‑market share buybacks on AIM between 13 April and 17 April 2026, acquiring 160,000 ordinary shares of 5.0 pence each via Investec Bank at volume‑weighted average prices around 243–246 pence. The company plans to cancel all repurchased shares, which will reduce the number of ordinary shares in issue to 136,357,876 and is expected to provide a modest enhancement to earnings per share and signal management’s confidence in the group’s valuation.

The transactions were conducted in multiple tranches during normal trading hours, with prices tightly clustered, indicating a targeted approach to capital management rather than a large one‑off purchase. By shrinking its equity base through cancellations rather than holding the stock in treasury, Restore is prioritising direct capital returns to existing shareholders and potentially improving trading metrics, while maintaining flexibility for future corporate actions within its buyback programme.

The most recent analyst rating on (GB:RST) stock is a Buy with a £307.00 price target. To see the full list of analyst forecasts on Restore stock, see the GB:RST Stock Forecast page.

Spark’s Take on RST Stock

According to Spark, TipRanks’ AI Analyst, RST is a Neutral.

The score is primarily held back by inconsistent profitability/margin pressure and moderate-to-high leverage, despite consistently positive cash generation. Technical indicators are neutral-to-mixed without strong momentum support. Valuation is the biggest drag due to the extremely high P/E, only modestly offset by the dividend yield.

To see Spark’s full report on RST stock, click here.

More about Restore

Restore plc is a U.K.-listed company whose ordinary shares trade on AIM. The group operates in the business services sector, with its activities and shareholder base centred on the London market.

Average Trading Volume: 412,202

Technical Sentiment Signal: Sell

Current Market Cap: £327.9M

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

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