Staffline Cancels 150,000 Shares in Latest Buyback Tranche

Staffline ( (GB:STAF) ) just unveiled an update.

Staffline Group has repurchased 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 buyback programme authorised by shareholders in May 2025. Following this transaction, the company’s issued share capital stands at 122,603,624 ordinary shares with no shares held in treasury, a change that marginally increases existing shareholders’ proportional ownership and sets a new total voting rights figure for investors to use when assessing disclosure thresholds under UK market 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 provides flexible blue‑collar labour, supplying around 35,000 staff per day from roughly 400 sites across sectors including supermarkets, logistics, manufacturing, food processing, drinks and driving. Recruitment Ireland delivers end-to-end staffing solutions across public and private sectors throughout Ireland, supplying about 4,500 staff per day and offering RPO, MSP, and temporary and permanent recruitment services via a network of branch and onsite customer locations.

Average Trading Volume: 121,024

Technical Sentiment Signal: Hold

Current Market Cap: £51.97M

See more data about STAF stock on TipRanks’ Stock Analysis page.