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Sosandar Buys Back 1 Million Shares, Updates Voting Rights Count

Story Highlights
  • Sosandar has repurchased 1,000,000 ordinary shares for treasury, about 0.4% of capital.
  • After the buyback, 232,436,513 Sosandar shares now carry voting rights for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sosandar Buys Back 1 Million Shares, Updates Voting Rights Count

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Sosandar PLC ( (GB:SOS) ) has issued an announcement.

Sosandar plc has repurchased 1,000,000 of its own ordinary shares at 7.50p per share, equal to around 0.4% of its issued share capital, under an existing shareholder authority, and will hold the stock in treasury. Following this transaction, Sosandar’s issued share capital stands at 248,226,513 ordinary shares, of which 15,790,000 are held in treasury, leaving 232,436,513 shares carrying voting rights, a key reference figure for investors monitoring disclosure thresholds under UK market transparency rules.

The most recent analyst rating on (GB:SOS) stock is a Hold with a £8.00 price target. To see the full list of analyst forecasts on Sosandar PLC stock, see the GB:SOS Stock Forecast page.

Spark’s Take on GB:SOS Stock

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

Sosandar PLC’s stock score is driven by positive technical indicators and encouraging corporate events, despite financial and valuation challenges. The company’s strategic initiatives and insider confidence provide a positive outlook, but profitability and cash flow issues remain significant concerns.

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

More about Sosandar PLC

Sosandar plc is a UK-based womenswear brand targeting style-conscious women seeking an upgrade from lower-quality, price-led fashion alternatives. The company designs and tests predominantly own-label, exclusive products in-house, offering a diverse range of fashion-forward, affordable clothing across all key womenswear categories for all occasions. Sosandar sells through its own website and stores, complemented by high-value brand partnerships with major retailers such as NEXT and Marks & Spencer, and pursues growth by expanding brand awareness and distribution through both direct-to-consumer channels and selected third-party partners.

Average Trading Volume: 1,016,482

Technical Sentiment Signal: Sell

Current Market Cap: £17.55M

For an in-depth examination of SOS stock, go to TipRanks’ Overview page.

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