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An announcement from Treatt plc ( (GB:TET) ) is now available.
Treatt PLC, a company involved in the production and supply of ingredients for the flavor and fragrance industries, has announced a share buyback program. On April 15, 2025, the company repurchased 84,186 of its ordinary shares at prices ranging from 215.50 to 222.50 pence per share, with a weighted average price of 217.3017 pence. These shares will be held in treasury, bringing the total number of treasury shares to 226,556 and reducing the total voting rights to 60,656,937. This move 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 robust financial performance, characterized by strong margins and low leverage, forms a solid foundation. The stock’s bearish technical indicators, however, highlight potential risks in market momentum. Fair valuation and positive corporate events, such as share buybacks, add to the stock’s appeal, indicating potential for long-term value despite short-term technical challenges.
To see Spark’s full report on GB:TET stock, click here.
More about Treatt plc
YTD Price Performance: -54.82%
Average Trading Volume: 202,812
Technical Sentiment Signal: Buy
Current Market Cap: £131.9M
Find detailed analytics on TET stock on TipRanks’ Stock Analysis page.