tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Venture Life Buys Back Shares, Updates Voting Rights Count

Story Highlights
  • Venture Life repurchased 36,557 shares at 66.98p under its buyback programme.
  • Post-transaction, the company has 125,872,727 voting rights in issue, affecting disclosure thresholds.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Venture Life Buys Back Shares, Updates Voting Rights Count

Claim 50% Off TipRanks Premium

Venture Life ( (GB:VLG) ) just unveiled an update.

Venture Life Group has repurchased 36,557 ordinary shares at a volume-weighted average price of 66.98 pence per share under its ongoing share buyback programme, with the shares to be held in treasury. Following this transaction, the group has 128,737,145 ordinary shares in issue, of which 2,864,418 are held in treasury, leaving 125,872,727 voting rights in circulation, a change that may affect shareholder disclosure thresholds and signals continued capital management activity by the consumer healthcare 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 operating in the global consumer healthcare sector, focused on proactive healthy longevity and the commercialisation of over-the-counter products. Its portfolio includes brands such as Balance Activ in women’s intimate health, Earol for 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 multiples and e-commerce channels worldwide, either directly or via distribution partners.

Average Trading Volume: 196,063

Technical Sentiment Signal: Buy

Current Market Cap: £84.57M

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