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Telecom Plus CFO Acquires Shares Under DRIP

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Telecom Plus CFO Acquires Shares Under DRIP

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An update from Telecom Plus ( (GB:TEP) ) is now available.

Telecom Plus PLC announced that its Chief Financial Officer, Nick Schoenfeld, acquired 188.0182 ordinary shares as part of a Dividend Reinvestment Plan (DRIP). This transaction, conducted on the London Stock Exchange, reflects the company’s ongoing commitment to shareholder value and aligns with regulatory requirements under the EU Market Abuse Regulation.

The most recent analyst rating on (GB:TEP) stock is a Hold with a £2014.00 price target. To see the full list of analyst forecasts on Telecom Plus stock, see the GB:TEP Stock Forecast page.

Spark’s Take on GB:TEP Stock

According to Spark, TipRanks’ AI Analyst, GB:TEP is a Neutral.

Telecom Plus scores moderately due to mixed financial performance and technical indicators. The company’s strong dividend yield and reasonable valuation provide support, but revenue decline and cash flow challenges are concerns. Technical indicators suggest a lack of strong momentum, contributing to the overall moderate score.

To see Spark’s full report on GB:TEP stock, click here.

More about Telecom Plus

Telecom Plus PLC operates in the telecommunications industry, providing a range of services including mobile, broadband, and energy solutions. The company focuses on delivering value to its customers through bundled services and competitive pricing, positioning itself as a comprehensive utility provider in the UK market.

Average Trading Volume: 123,358

Technical Sentiment Signal: Strong Buy

Current Market Cap: £1.49B

For a thorough assessment of TEP stock, go to TipRanks’ Stock Analysis page.

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