tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Venture Life Buys Back 200,000 Shares Under Ongoing Programme

Story Highlights
Venture Life Buys Back 200,000 Shares Under Ongoing Programme

Claim 50% Off TipRanks Premium

Venture Life ( (GB:VLG) ) has provided an update.

Venture Life Group plc has repurchased 200,000 ordinary shares at a volume-weighted average price of 67 pence per share under its ongoing share buyback programme, with the shares to be held in treasury. Following this transaction, the company has 128,812,145 ordinary shares in issue, of which 4,372,800 are held in treasury, leaving 124,439,345 voting rights in circulation, a change that may affect shareholders’ disclosure requirements and signals continued capital management activity by the group.

The most recent analyst rating on (GB:VLG) stock is a Hold with a £69.00 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 operating in the global consumer healthcare sector, focused on proactive healthy longevity and product innovation, development and commercialisation. Headquartered in the UK, its portfolio includes brands such as Balance Activ in women’s intimate healthcare, Earol in ENT care, Lift and Glucogel for energy and glucose management and hypoglycaemia, and Health & Her products supporting the hormonal lifecycle, sold through pharmacies, health and beauty retailers, grocery chains and e-commerce, both directly in core markets and via international distribution partners elsewhere.

Average Trading Volume: 243,413

Technical Sentiment Signal: Buy

Current Market Cap: £84.24M

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