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Venture Life Buys Back 70,048 Shares Under Ongoing Repurchase Programme

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Venture Life Buys Back 70,048 Shares Under Ongoing Repurchase Programme

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Venture Life ( (GB:VLG) ) has issued an announcement.

Venture Life Group has continued to execute its share buyback programme, repurchasing 70,048 ordinary shares at a volume-weighted average price of 65.54 pence per share through Cavendish Capital Markets, with all acquired shares to be held in treasury. Following this latest transaction, the company has 128,812,145 ordinary shares in issue, of which 3,383,941 are held in treasury, leaving 125,428,204 voting rights in circulation, a change that may affect shareholder notification thresholds under UK disclosure rules and underscores the group’s ongoing capital management and shareholder-return strategy.

The most recent analyst rating on (GB:VLG) stock is a Hold with a £64.00 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 market. It focuses on proactive healthy longevity and commercialises over-the-counter products such as Balance Activ in women’s intimate health, Earol for ENT care, Lift and Glucogel for energy and glucose management and hypoglycaemia, and the Health & Her range for the hormonal lifecycle, distributing through pharmacies, health & beauty retailers, grocery chains and e-commerce channels, both directly in key markets and via international partners elsewhere.

Average Trading Volume: 215,792

Technical Sentiment Signal: Buy

Current Market Cap: £80.4M

For an in-depth examination of VLG stock, go to TipRanks’ Overview page.

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