Treatt PLC Announces Share Buyback Update

Treatt plc ( (GB:TET) ) has issued an update.

Treatt PLC, a company involved in a share buyback program, announced the purchase of 141,098 of its ordinary shares at prices ranging from 279.00 to 282.50 pence per share. These shares will be held in treasury, adjusting the total number of voting rights to 59,108,993, which shareholders can use for interest calculations under FCA rules.

The most recent analyst rating on (GB:TET) stock is a Buy with a £650.00 price target. To see the full list of analyst forecasts on Treatt plc stock, see the GB:TET Stock Forecast page.

Spark’s Take on GB:TET Stock

According to Spark, TipRanks’ AI Analyst, GB:TET is a Outperform.

The overall stock score for Treatt plc is influenced primarily by its strong financial performance and fair valuation metrics. The financial stability and low leverage provide a solid foundation, but the mixed technical indicators and a lack of recent earnings call data limit the score’s upward potential.

To see Spark’s full report on GB:TET stock, click here.

More about Treatt plc

Average Trading Volume: 420,417

Technical Sentiment Signal: Sell

Current Market Cap: £165.3M

See more data about TET stock on TipRanks’ Stock Analysis page.