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Staffline Cancels 150,000 Shares in Latest Buy-Back Tranche

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Staffline Cancels 150,000 Shares in Latest Buy-Back Tranche

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Staffline ( (GB:STAF) ) has provided an announcement.

Staffline Group has bought back and cancelled 150,000 of its own ordinary shares on the London Stock Exchange at 45p per share under the second tranche of its ongoing share buy-back programme, authorised at the May 2025 AGM. Following this transaction, the company’s issued share capital stands at 122,453,624 ordinary shares with no shares held in treasury, a change that slightly reduces the share count and sets a new total voting rights figure for investors to use when calculating notifiable holdings under UK disclosure and transparency rules.

The most recent analyst rating on (GB:STAF) stock is a Buy with a £50.00 price target. To see the full list of analyst forecasts on Staffline stock, see the GB:STAF Stock Forecast page.

Spark’s Take on GB:STAF Stock

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

Staffline’s overall score is driven by strong corporate events and reasonable valuation. Financial performance shows improvement but is hindered by profitability issues. Technical analysis indicates a neutral market sentiment.

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

More about Staffline

Staffline Group is one of the UK’s leading recruitment groups, operating through two main divisions: Recruitment GB and Recruitment Ireland. Recruitment GB focuses on supplying flexible blue-collar workers, providing around 35,000 staff per day across sectors such as supermarkets, logistics, food processing, manufacturing, drinks and driving from roughly 400 sites. Recruitment Ireland delivers end-to-end recruitment solutions, including RPO, MSP, and temporary and permanent staffing, supplying about 4,500 staff per day across public and private sectors from ten branches and ten onsite customer locations throughout the island of Ireland.

Average Trading Volume: 117,243

Technical Sentiment Signal: Hold

Current Market Cap: £52.38M

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

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