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Spirax Group ( (GB:SPX) ) just unveiled an announcement.
Spirax Group PLC has corrected a previous announcement to confirm that 200,000 new ordinary shares will be admitted to trading on the London Stock Exchange’s Main Market on 19 December 2025 under a block listing. The shares, which will be issued from time to time to the company’s Employee Benefit Trust for use in its Performance Share Plan and Employee Share Ownership Plan, will rank pari passu with existing stock, supporting ongoing employee incentive schemes without immediately altering the group’s operational strategy or market positioning.
The most recent analyst rating on (GB:SPX) stock is a Buy with a £7645.00 price target. To see the full list of analyst forecasts on Spirax Group stock, see the GB:SPX Stock Forecast page.
Spark’s Take on GB:SPX Stock
According to Spark, TipRanks’ AI Analyst, GB:SPX is a Outperform.
Spirax Sarco Engineering’s strong financial performance and positive earnings call sentiment are the most significant factors contributing to its score. Technical analysis indicates a neutral trend, while valuation suggests the stock may be overvalued. The company’s strategic initiatives and restructuring efforts provide a positive outlook despite some regional challenges.
To see Spark’s full report on GB:SPX stock, click here.
More about Spirax Group
Spirax Group PLC is a UK-headquartered engineering group focused on thermal energy and fluid technology solutions that support industrial efficiency, safety and the transition to net zero. Through its three businesses—Steam Thermal Solutions, Electric Thermal Solutions and Watson-Marlow Fluid Technology Solutions—it serves over 100,000 customers in nearly 70 countries, supplying steam management systems, industrial electrification and decarbonisation technologies, and specialist fluid handling equipment for sectors ranging from food and healthcare to aviation, semiconductors and biopharmaceuticals. Listed on the London Stock Exchange since 1959 and a constituent of the FTSE 100 and FTSE4Good indices, Spirax operates more than 30 manufacturing plants and employs around 10,000 people worldwide.
Average Trading Volume: 180,769
Technical Sentiment Signal: Sell
Current Market Cap: £4.9B
For detailed information about SPX stock, go to TipRanks’ Stock Analysis page.