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UIL Ltd ( (GB:UTL) ) has shared an announcement.
UIL Limited has announced a transaction involving the repurchase and cancellation of 110,000 of its ordinary shares at a price of 182.80p each. This action reduces the total number of shares with voting rights to 92,268,602, impacting shareholder calculations under the FCA’s Disclosure and Transparency 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: 7,990
Technical Sentiment Signal: Buy
For a thorough assessment of UTL stock, go to TipRanks’ Stock Analysis page.