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The latest announcement is out from Staffline ( (GB:STAF) ).
Staffline Group PLC has executed a share buy-back, purchasing 200,000 ordinary shares for cancellation at a price of 40.00p each, as part of its ongoing capital management strategy. This transaction reduces the total number of shares in issue to 126,562,313, impacting the total voting rights and potentially affecting shareholder calculations under the Financial Conduct Authority’s rules.
The most recent analyst rating on (GB:STAF) stock is a Hold with a £47.00 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 Neutral.
The overall score reflects strong financial performance with improving cash flow and revenue growth, balanced by challenges in profitability. Technical indicators suggest neutral momentum, while valuation is reasonable. The absence of earnings call and corporate events data limits further insights.
To see Spark’s full report on GB:STAF stock, click here.
More about Staffline
Staffline is one of the UK’s leading recruitment groups, operating through two main divisions: Recruitment GB and Recruitment Ireland. Recruitment GB focuses on providing flexible blue-collar workers across various industries such as supermarkets, logistics, and manufacturing, supplying approximately 35,000 staff per day. Recruitment Ireland offers end-to-end staffing solutions across multiple sectors, supplying around 4,500 staff daily throughout Ireland.
Average Trading Volume: 225,280
Technical Sentiment Signal: Buy
Current Market Cap: £49.89M
See more insights into STAF stock on TipRanks’ Stock Analysis page.