Treatt plc ( (GB:TET) ) has shared an announcement.
Treatt PLC, a company involved in the production and distribution of a variety of products, has announced a share buyback program. On April 14, 2025, the company repurchased 64,539 of its ordinary shares at prices ranging from 213.50 to 218.50 pence, with a weighted average price of 215.9210 pence. These shares will be held in treasury, increasing the total number of treasury shares to 142,370, while the total number of voting rights in the company stands at 60,733,192. This buyback is part of Treatt’s strategy to manage its capital structure and potentially enhance shareholder value.
Spark’s Take on GB:TET Stock
According to Spark, TipRanks’ AI Analyst, GB:TET is a Outperform.
Treatt plc’s solid financial performance, supported by strong profitability and low leverage, forms the backbone of its strength. Despite a bearish technical outlook, the company’s fair valuation and positive corporate events, including strategic buybacks and director investments, underscore confidence in its future prospects. These factors culminate in a robust overall score.
To see Spark’s full report on GB:TET stock, click here.
More about Treatt plc
YTD Price Performance: -55.34%
Average Trading Volume: 189,800
Technical Sentiment Signal: Strong Buy
Current Market Cap: £131.4M
Find detailed analytics on TET stock on TipRanks’ Stock Analysis page.
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