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An announcement from UIL Ltd ( (GB:UTL) ) is now available.
UIL Limited has announced the repurchase and cancellation of 50,000 ordinary shares at a price of 127.00p per share, bringing the total number of ordinary shares with voting rights to 92,638,602. This transaction may impact shareholders’ calculations regarding their interest in the company 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: 10,075
Technical Sentiment Signal: Buy
For an in-depth examination of UTL stock, go to TipRanks’ Overview page.