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Tracsis ( (GB:TRCS) ) just unveiled an update.
Tracsis plc, a company involved in the transportation and traffic data industry, has executed a share buyback program as part of its financial strategy. On June 20, 2025, the company repurchased 12,278 of its ordinary shares at a volume-weighted average price of 456.11 pence per share. These shares will be canceled, reducing the total number of voting rights to 29,950,650. This move is part of Tracsis’ ongoing efforts to optimize its capital structure and potentially enhance shareholder value.
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’s strong balance sheet and strategic share buybacks are positive indicators, but high valuation and recent profitability challenges weigh on the overall score. The mixed technical indicators suggest cautious optimism.
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 data about TRCS stock on TipRanks’ Stock Analysis page.