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Staffline ( (GB:STAF) ) just unveiled an update.
Staffline Group PLC has executed a share buy-back program, purchasing 116,231 ordinary shares for cancellation at a consistent price of 40.00p per share on the London Stock Exchange. This transaction, in line with the authority granted by shareholders, reduces the total number of shares in issue to 126,146,082, impacting the company’s total voting rights and potentially influencing shareholder interest calculations.
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 Group PLC is one of the UK’s leading recruitment groups, operating through two main divisions: Recruitment GB and Recruitment Ireland. Recruitment GB is a major provider of flexible blue-collar workers, supplying approximately 35,000 staff daily across various industries such as supermarkets, logistics, and manufacturing. Recruitment Ireland offers comprehensive staffing solutions across multiple sectors, providing around 4,500 staff daily and offering services like RPO, MSP, and temporary and permanent staffing throughout Ireland.
Average Trading Volume: 188,047
Technical Sentiment Signal: Buy
Current Market Cap: £48.04M
For detailed information about STAF stock, go to TipRanks’ Stock Analysis page.