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Sosandar PLC ( (GB:SOS) ) has shared an announcement.
Sosandar plc has repurchased 3,000,000 of its own ordinary shares at 7.50p per share, equivalent to around 1.2% 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 19,790,000 are held in treasury, leaving 228,436,513 shares carrying voting rights, a figure investors will use to assess disclosure thresholds and changes in their holdings under UK 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. It designs and tests predominantly own-label, exclusive clothing in-house, offering a diverse range of affordable, fashion-forward products across all key womenswear categories for all occasions. The company sells through its own website and stores, complemented by high-value partnerships with major retailers such as NEXT and Marks & Spencer, and pursues a growth strategy focused on brand awareness, expanding its addressable market and broadening routes to market via both direct-to-consumer channels and selected third-party partners.
Average Trading Volume: 1,101,449
Technical Sentiment Signal: Sell
Current Market Cap: £16.78M
See more insights into SOS stock on TipRanks’ Stock Analysis page.