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Venture Life ( (GB:VLG) ) just unveiled an announcement.
Venture Life Group has repurchased 200,000 of its own ordinary shares at a volume-weighted average price of 66.96p under its ongoing share buyback programme, with the shares to be held in treasury. Following this transaction and the recent admission of new shares from option exercises, the company now has 128,737,145 ordinary shares in issue, of which 1,939,981 are held in treasury, leaving 126,797,164 voting rights outstanding, a figure that will guide shareholders in monitoring and disclosing changes to their holdings under UK regulatory 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 operating in the global consumer healthcare sector. It focuses on proactive healthy longevity and commercialises over-the-counter products such as Balance Activ for women’s intimate healthcare, Earol for ENT care, Lift and Glucogel for energy and glucose management, and the Health & Her range for the hormonal lifecycle, distributing primarily via pharmacies, health and beauty retailers, grocery chains, and e-commerce, both directly in key markets and through international partners elsewhere.
Average Trading Volume: 175,284
Technical Sentiment Signal: Buy
Current Market Cap: £84.45M
For detailed information about VLG stock, go to TipRanks’ Stock Analysis page.