tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Sosandar Buys Back 4.19 Million Shares for Treasury, Updates Voting Rights Total

Story Highlights
Sosandar Buys Back 4.19 Million Shares for Treasury, Updates Voting Rights Total

Claim 70% Off TipRanks Premium

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

Sosandar plc has repurchased 4.19 million of its own ordinary shares at 8.0p per share, equivalent to around 1.7% of its issued share capital, with the acquired stock to be held in treasury. Following this transaction, the company’s total issued share capital remains 248,226,513 shares, of which 12,190,000 are now held in treasury, leaving 236,036,513 shares carrying voting rights, a key reference figure for investors monitoring their disclosure obligations under UK transparency rules.

The most recent analyst rating on (GB:SOS) stock is a Hold with a £7.50 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 women’s fashion brand focused on style-conscious customers who have moved on from lower-quality, price-led alternatives. It offers fashion-forward, affordable and quality own-label clothing across all major womenswear categories, selling primarily through Sosandar.com, its own stores, and high-value partnerships with retailers such as NEXT and Marks & Spencer. Founded in 2016 and listed on AIM in 2017, the company leverages data-driven innovation, seamless customer experience and lifestyle marketing to grow brand awareness and expand its direct-to-consumer and third-party routes to market.

Average Trading Volume: 973,164

Technical Sentiment Signal: Sell

Current Market Cap: £19.22M

For a thorough assessment of SOS stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1