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Somero Tightens Share Capital with Latest Buyback and Cancellation

Story Highlights
  • Somero repurchased 16,407 ordinary shares at 225.50 pence under its buyback programme.
  • After cancellation, Somero’s issued share capital will be 54,065,489 shares with equal voting rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Somero Tightens Share Capital with Latest Buyback and Cancellation

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An update from Somero Enterprises Inc ( (GB:SOM) ) is now available.

Somero Enterprises, Inc. has repurchased 16,407 of its own ordinary shares on 19 December 2025 at a price of 225.50 pence per share under its ongoing share buyback programme and intends to cancel these shares. Following this transaction and the planned cancellation, the company’s issued share capital will stand at 54,065,489 ordinary shares with equal voting rights and no shares held in treasury, effectively consolidating existing shareholders’ stakes and modestly adjusting the company’s capital structure.

The most recent analyst rating on (GB:SOM) stock is a Buy with a £257.00 price target. To see the full list of analyst forecasts on Somero Enterprises Inc stock, see the GB:SOM Stock Forecast page.

Spark’s Take on GB:SOM Stock

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

Somero Enterprises Inc. demonstrates a strong financial foundation with low debt and attractive valuation metrics. The recent share buy-backs further enhance shareholder value. However, the decline in revenue and cash flow generation poses a risk that needs to be addressed. Technical indicators are mixed, showing no strong trend direction.

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

More about Somero Enterprises Inc

Somero Enterprises, Inc. is a construction equipment manufacturer that focuses on providing technologically advanced concrete-placing and leveling solutions used in commercial and industrial flooring projects. The company serves contractors and construction firms globally, targeting markets that require high-precision, large-scale concrete flatwork and related services.

Average Trading Volume: 99,885

Technical Sentiment Signal: Strong Sell

Current Market Cap: £124.4M

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

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