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Revolution Beauty CEO Restructures Share Ownership

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Revolution Beauty CEO Restructures Share Ownership

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Revolution Beauty Group plc ( (GB:REVB) ) just unveiled an announcement.

Revolution Beauty Group plc announced a significant internal share transaction involving its CEO, Tom Allsworth, who transferred legal title of over 76 million shares to Lynchwood Nominees Limited and shifted beneficial ownership of 40 million shares to a discretionary trust. Despite these transactions, Allsworth’s overall beneficial interest in the company remains unchanged at 14.4% of the issued share capital. This move, compliant with the EU Market Abuse Regulation, highlights internal restructuring efforts, potentially impacting stakeholder perceptions and the company’s market positioning.

The most recent analyst rating on (GB:REVB) stock is a Hold with a £3.00 price target. To see the full list of analyst forecasts on Revolution Beauty Group plc stock, see the GB:REVB Stock Forecast page.

Spark’s Take on GB:REVB Stock

According to Spark, TipRanks’ AI Analyst, GB:REVB is a Neutral.

Revolution Beauty Group plc’s overall stock score is primarily impacted by its poor financial performance, with significant challenges in profitability and balance sheet strength. However, positive corporate events, including strategic leadership changes and successful fundraising, provide some optimism for future improvement. Technical indicators show mixed signals, with short-term momentum but longer-term bearish trends. The valuation remains unattractive due to negative earnings and lack of dividends.

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

More about Revolution Beauty Group plc

Revolution Beauty Group plc is a multi-channel mass beauty brand that operates in the beauty industry. The company focuses on providing a wide range of beauty products and services to a broad market.

Average Trading Volume: 2,251,524

Technical Sentiment Signal: Sell

Current Market Cap: £25.61M

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

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