tiprankstipranks
SThree plc Executes Share Buyback
Company Announcements

SThree plc Executes Share Buyback

Story Highlights

Invest with Confidence:

SThree plc ( (GB:STEM) ) has shared an announcement.

SThree plc, a company listed on the London Stock Exchange, has executed a share buyback program as previously announced, purchasing 59,974 ordinary shares at prices ranging from 271.50 to 278.00 pence, with a weighted average of 275.3010 pence per share. The company plans to cancel these shares, which could potentially enhance shareholder value by reducing the number of shares in circulation, potentially improving earnings per share metrics.

More about SThree plc

YTD Price Performance: -8.45%

Average Trading Volume: 273,841

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £354.7M

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

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App