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Venture Life Buys Back 200,000 Shares, Updates Voting Rights Total

Story Highlights
  • Venture Life repurchased 200,000 shares under its buyback at 65.90p, holding them in treasury.
  • Post-buyback and option exercises, Venture Life reports 126.89 million voting shares outstanding.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Venture Life Buys Back 200,000 Shares, Updates Voting Rights Total

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The latest announcement is out from Venture Life ( (GB:VLG) ).

Venture Life Group has repurchased 200,000 of its ordinary shares at a volume-weighted average price of 65.90 pence as part of its ongoing share buyback programme, with the shares to be held in treasury. Following this transaction and the recent admission of 201,500 new shares from option exercises, the company will have 128,253,812 ordinary shares in issue, of which 1,363,989 are held in treasury, leaving 126,889,823 voting shares outstanding, a figure shareholders can use to assess disclosure thresholds under FCA 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 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 hypoglycaemia, and the Health & Her range supporting the hormonal lifecycle, distributing through pharmacies, health & beauty stores, grocery multiples, e-commerce, and international partners.

Average Trading Volume: 208,779

Technical Sentiment Signal: Buy

Current Market Cap: £84.26M

Learn more about VLG stock on TipRanks’ Stock Analysis page.

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