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Venture Life Buys Back 400,000 Shares for Treasury Under Ongoing Programme

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Venture Life Buys Back 400,000 Shares for Treasury Under Ongoing Programme

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An announcement from Venture Life ( (GB:VLG) ) is now available.

Venture Life Group has repurchased 400,000 of its own ordinary shares at a volume-weighted average price of 66.85 pence per share under its ongoing 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 2,339,981 are held in treasury, leaving 126,397,164 voting rights in circulation, information that will guide shareholders in assessing disclosure thresholds under UK regulatory rules and signals continued capital management activity by the group.

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 focused on the global self-care market. Its portfolio spans women’s intimate healthcare (Balance Activ), ENT care (Earol), energy and glucose management and hypoglycaemia (Lift and Glucogel), and hormonal lifecycle support (Health & Her). Products, typically recommended by pharmacists and healthcare practitioners, are sold via health and beauty stores, pharmacies, grocery chains and e-commerce, supplied directly in the UK, Ireland and the US and through international distributors elsewhere.

Average Trading Volume: 184,166

Technical Sentiment Signal: Buy

Current Market Cap: £85.08M

See more data about VLG stock on TipRanks’ Stock Analysis page.

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