tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Venture Life Buys Back 180,000 Shares, Updates Voting Rights Count

Story Highlights
Venture Life Buys Back 180,000 Shares, Updates Voting Rights Count

Claim 70% Off TipRanks Premium

Venture Life ( (GB:VLG) ) just unveiled an announcement.

Venture Life Group has repurchased 180,000 of its own ordinary shares at a volume-weighted average price of 66.67 pence under its ongoing share buyback programme, with the shares to be held in treasury. Following this transaction, the company has 128,737,145 ordinary shares in issue, of which 2,519,981 are held in treasury, leaving 126,217,164 voting shares outstanding, a change that adjusts the capital structure and provides an updated denominator for shareholders monitoring disclosure thresholds under UK transparency rules.

The most recent analyst rating on (GB:VLG) stock is a Hold with a £66.00 price target. To see the full list of analyst forecasts on Venture Life stock, see the GB:VLG Stock Forecast page.

Spark’s Take on GB:VLG Stock

According to Spark, TipRanks’ AI Analyst, GB:VLG is a Neutral.

Venture Life’s stock score is primarily supported by strong technical indicators and positive corporate events, such as share buybacks and insider buying, which suggest confidence in future prospects. However, the high P/E ratio and profitability challenges weigh down the score, indicating potential overvaluation and financial risks.

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

More about Venture Life

Venture Life Group is a UK-headquartered international consumer self-care company focused on proactive healthy longevity. It develops, commercialises and markets over-the-counter healthcare products such as Balance Activ for women’s intimate health, Earol for ENT care, Lift and Glucogel for energy and glucose management and hypoglycaemia, and the Health & Her range for the hormonal lifecycle, distributing primarily via pharmacies, health & beauty retailers, grocery chains and e-commerce across global markets, using both direct retail supply in the UK, Ireland and the US and international distribution partners elsewhere.

Average Trading Volume: 184,166

Technical Sentiment Signal: Buy

Current Market Cap: £85.08M

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

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1