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UIL Ltd ( (GB:UTL) ) has issued an announcement.
UIL Limited has announced a transaction involving the purchase and cancellation of 23,917 of its own ordinary shares at a price of 183.78p per share. This transaction reduces the total number of ordinary shares with voting rights to 91,874,346, which shareholders can use as a denominator for determining their interest in the company under FCA’s rules.
Spark’s Take on GB:UTL Stock
According to Spark, TipRanks’ AI Analyst, GB:UTL is a Neutral.
The stock score reflects significant financial difficulties characterized by negative income and inconsistent cash flows. Despite a stable technical analysis and positive corporate events indicating insider confidence, the negative P/E ratio and need for strategic improvements weigh heavily on the score.
To see Spark’s full report on GB:UTL stock, click here.
More about UIL Ltd
Average Trading Volume: 14,157
Technical Sentiment Signal: Buy
See more data about UTL stock on TipRanks’ Stock Analysis page.