Staffline Group Executes Share Buy-Back, Adjusting Voting Rights

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

Staffline Group PLC has executed a share buy-back, purchasing 6,442,485 ordinary shares for cancellation at an average price of 29.5p per share on the London Stock Exchange. This transaction reduces the total number of shares in issue to 126,812,313, impacting the company’s voting rights and potentially influencing shareholder interests.

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 provides flexible blue-collar workers across various industries such as supermarkets, logistics, and manufacturing, supplying approximately 35,000 staff daily. Recruitment Ireland offers end-to-end solutions across multiple sectors, supplying around 4,500 staff daily in both public and private sectors throughout Ireland.

YTD Price Performance: 21.79%

Average Trading Volume: 700,742

Technical Sentiment Signal: Buy

Current Market Cap: £35.54M

For detailed information about STAF stock, go to TipRanks’ Stock Analysis page.