Staffline Group Executes Share Buy-Back, Cancels 271,904 Shares

The latest update is out from Staffline ( (GB:STAF) ).

Staffline Group PLC has announced the purchase and cancellation of 271,904 ordinary shares as part of its share buy-back program, following the authority granted by shareholders at the Annual General Meeting in May 2024. This transaction, executed through Panmure Liberum Limited on the London Stock Exchange, reduces the total number of shares in issue to 133,954,798, affecting the company’s total voting rights and potentially impacting shareholder interests.

More about Staffline

Staffline is one of the UK’s leading recruitment groups with 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 from around 400 sites. Recruitment Ireland offers end-to-end solutions across multiple industries, supplying about 4,500 staff daily, with services including RPO, MSP, temporary, and permanent staffing solutions throughout Ireland.

YTD Price Performance: 30.77%

Average Trading Volume: 467,149

Technical Sentiment Signal: Hold

Current Market Cap: £37.46M

For an in-depth examination of STAF stock, go to TipRanks’ Stock Analysis page.