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Venture Life ( (GB:VLG) ) has issued an update.
Venture Life Group has repurchased 200,000 of its own ordinary shares at a volume-weighted average price of 66.85 pence per share under its previously announced 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 2,719,981 are held in treasury, leaving 126,017,164 voting rights in circulation, a change that will be relevant for investors’ disclosure calculations under FCA transparency rules and underscores the group’s ongoing use of buybacks as a capital management tool.
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 an international consumer self-care company focused on proactive healthy longevity, product innovation, development and commercialisation in the global consumer healthcare sector. Headquartered in the UK, its portfolio spans brands such as Balance Activ in women’s intimate healthcare, Earol for ENT care, Lift and Glucogel for energy and glucose management and hypoglycaemia, and Health & Her for the hormonal lifecycle, with products typically recommended by pharmacists or healthcare practitioners and sold through health and beauty stores, pharmacies, grocery multiples, e-commerce and international distribution partners.
Average Trading Volume: 196,204
Technical Sentiment Signal: Buy
Current Market Cap: £84.57M
For a thorough assessment of VLG stock, go to TipRanks’ Stock Analysis page.