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Somero Enterprises Inc ( (GB:SOM) ) has provided an announcement.
Somero Enterprises Inc. has announced the repurchase of 5,544 ordinary shares as part of its share buy-back program initiated earlier in March 2025. This transaction, completed on July 15, 2025, results in an updated total voting rights count of 54,565,123 shares, reflecting the company’s strategic efforts to manage its capital structure and potentially enhance shareholder value.
Spark’s Take on GB:SOM Stock
According to Spark, TipRanks’ AI Analyst, GB:SOM is a Outperform.
Somero Enterprises Inc. scores well due to its strong balance sheet, attractive valuation, and positive corporate actions such as share buy-backs. However, recent declines in revenue and technical indicators showing bearish trends weigh down the score.
To see Spark’s full report on GB:SOM stock, click here.
More about Somero Enterprises Inc
Somero Enterprises Inc. operates in the construction industry, specializing in the manufacturing of laser-guided concrete screeding equipment. The company focuses on providing innovative solutions for concrete flooring projects, catering to a global market.
Average Trading Volume: 139,505
Technical Sentiment Signal: Sell
Current Market Cap: £125.5M
For a thorough assessment of SOM stock, go to TipRanks’ Stock Analysis page.