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Touchstar Executes Share Buyback, Adjusts Voting Rights

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Touchstar Executes Share Buyback, Adjusts Voting Rights

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The latest announcement is out from Touchstar ( (GB:TST) ).

Touchstar plc has executed a share buyback program, purchasing a total of 1,875 ordinary shares at prices ranging from 86 to 91.4 pence. This transaction, part of a previously announced buyback program, leaves the company’s total voting rights at 8,170,595, with implications for shareholder notifications under FCA rules.

Spark’s Take on GB:TST Stock

According to Spark, TipRanks’ AI Analyst, GB:TST is a Outperform.

Touchstar’s overall score is driven by its solid financial position and proactive corporate events, including share buybacks and leadership changes. While technical indicators show potential for a pullback, the company’s valuation and strategic initiatives support a positive outlook.

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

More about Touchstar

Touchstar plc operates in the mobile data computing solutions industry, providing managed services to various industrial sectors.

Average Trading Volume: 8,276

Technical Sentiment Signal: Strong Buy

Current Market Cap: £7.48M

See more data about TST stock on TipRanks’ Stock Analysis page.

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