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Treatt plc ( (GB:TET) ) has issued an announcement.
Treatt PLC, a company involved in the production and distribution of flavor and fragrance ingredients, has announced a share buyback program. On April 29, 2025, the company repurchased 43,630 of its ordinary shares at prices ranging from 258.00 to 261.50 pence per share, with a weighted average price of 261.1324 pence. These shares will be held in treasury, impacting the total number of voting rights available to shareholders.
Spark’s Take on GB:TET Stock
According to Spark, TipRanks’ AI Analyst, GB:TET is a Outperform.
Treatt plc’s strong financial performance and positive corporate events provide a solid foundation. However, bearish technical indicators pose short-term risks. The fair valuation and attractive dividend yield offer some compensation. Overall, while the financials and corporate actions are strong, cautiousness is warranted due to current market trends.
To see Spark’s full report on GB:TET stock, click here.
More about Treatt plc
YTD Price Performance: -45.35%
Average Trading Volume: 231,239
Technical Sentiment Signal: Buy
Current Market Cap: £159.8M
Learn more about TET stock on TipRanks’ Stock Analysis page.