Staffline ( (GB:STAF) ) has issued an update.
Staffline Group PLC has executed a share buy-back, purchasing 400,000 ordinary shares for cancellation at an average price of 32.6p each on the London Stock Exchange. This transaction, authorized by shareholders, reduces the total number of shares in issue to 134,626,702, impacting the company’s voting rights and potentially influencing shareholder interests and market perceptions.
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, servicing industries such as supermarkets, logistics, and manufacturing with approximately 35,000 staff daily from around 400 sites. Recruitment Ireland offers comprehensive staffing solutions across multiple industries with about 4,500 staff daily, providing RPO, MSP, temporary, and permanent solutions throughout Ireland.
YTD Price Performance: 41.03%
Average Trading Volume: 446,130
Technical Sentiment Signal: Sell
Current Market Cap: £41.74M
For an in-depth examination of STAF stock, go to TipRanks’ Stock Analysis page.