Touchstar (GB:TST) has released an update.
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Touchstar PLC, a supplier of mobile data computing solutions, has announced a strategic review that could lead to a potential sale of the company amidst a 50% increase in interim dividend, signaling confidence in its financial health. Despite a 6.7% revenue decrease in the first half of 2024 compared to the previous year, the company reports trading ahead of management expectations with a strong cash position and continued investment in growth. The company’s commitment to shareholder value, employee opportunities, and customer service is underscored as they explore various strategic options.
For further insights into GB:TST stock, check out TipRanks’ Stock Analysis page.
