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Touchstar plc Executes Share Buyback, Updates Voting Rights

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Touchstar plc Executes Share Buyback, Updates Voting Rights

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Touchstar ( (GB:TST) ) has issued an update.

Touchstar plc announced the repurchase of 3,082 ordinary shares as part of its ongoing share buyback program, with prices ranging between 85 and 86 pence per share. This transaction leaves the company’s issued share capital unchanged, but updates the total voting rights, which stakeholders can use to assess their shareholding interests under regulatory guidelines.

The most recent analyst rating on (GB:TST) stock is a Hold with a £95.00 price target. To see the full list of analyst forecasts on Touchstar stock, see the GB:TST Stock Forecast page.

Spark’s Take on GB:TST Stock

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

Touchstar’s overall stock score is driven by its strong financial position, particularly its robust cash flow and low leverage. However, technical indicators suggest bearish momentum, and the valuation is moderate. The absence of recent earnings call data and corporate events limits further insights.

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

More about Touchstar

Touchstar plc is a provider of mobile data computing solutions and managed services catering to various industrial sectors.

Average Trading Volume: 5,901

Technical Sentiment Signal: Buy

Current Market Cap: £7.1M

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

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