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An announcement from Tracsis ( (GB:TRCS) ) is now available.
Tracsis plc has announced a transaction in its own shares as part of a share buyback programme initiated in April 2025. On June 23, 2025, the company purchased 12,309 of its ordinary shares at prices ranging from 425.00 to 438.00 pence per share, with a volume-weighted average price of 436.42 pence. The purchased shares will be canceled, reducing the total number of voting rights to 29,938,341. This move is part of Tracsis’ strategy to manage its share capital and could impact shareholder calculations under the FCA’s Disclosure Guidance and Transparency Rules.
The most recent analyst rating on (GB:TRCS) stock is a Buy with a £1340.00 price target. To see the full list of analyst forecasts on Tracsis stock, see the GB:TRCS Stock Forecast page.
Spark’s Take on GB:TRCS Stock
According to Spark, TipRanks’ AI Analyst, GB:TRCS is a Neutral.
Tracsis has a stable financial base and positive corporate strategies like share buybacks, which are favorable. However, the technical analysis suggests caution with potential bearish trends, and the valuation indicates overvaluation. These factors combined suggest a moderate investment outlook.
To see Spark’s full report on GB:TRCS stock, click here.
More about Tracsis
Average Trading Volume: 111,293
Technical Sentiment Signal: Sell
Current Market Cap: £127.3M
See more insights into TRCS stock on TipRanks’ Stock Analysis page.