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UIL Ltd ( (GB:UTL) ) has issued an update.
UIL Limited has announced the repurchase and cancellation of 25,612 of its ordinary shares at a price of 128.50p per share, adjusting the total number of shares with voting rights to 92,588,602. This transaction may impact shareholder calculations under the FCA’s Disclosure and Transparency Rules, potentially affecting their reporting obligations.
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: 10,434
Technical Sentiment Signal: Buy
See more insights into UTL stock on TipRanks’ Stock Analysis page.
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