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Venture Life Buys Back 200,000 Shares for Treasury Under Ongoing Programme

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Venture Life Buys Back 200,000 Shares for Treasury Under Ongoing Programme

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

Venture Life Group has continued to execute its previously announced share buyback programme with the market repurchase of 200,000 ordinary shares at a volume-weighted average price of 65.64p, with the shares to be held in treasury. Following this latest transaction, the company’s total shares in issue stand at 128,253,812, of which 1,563,989 are held in treasury, leaving 126,689,823 voting shares outstanding, a figure that will guide investors’ disclosure calculations and marginally enhance earnings per share and capital management flexibility.

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 plc is a UK-headquartered international consumer self-care company operating in the global consumer healthcare sector, with a focus on proactive healthy longevity. Its portfolio includes brands such as Balance Activ in women’s intimate health, Earol for ENT care, Lift and Glucogel for energy and glucose management and hypoglycaemia, and Health & Her products supporting the hormonal lifecycle. The company sells primarily through pharmacies, health and beauty retailers, grocery chains and e-commerce, supplying customers directly in the UK, Ireland and the US, and via international distribution partners in other markets.

Average Trading Volume: 208,779

Technical Sentiment Signal: Buy

Current Market Cap: £84.26M

See more insights into VLG stock on TipRanks’ Stock Analysis page.

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