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Venture Life Continues Share Buyback, Tightening Free Float

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Venture Life Continues Share Buyback, Tightening Free Float

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Venture Life ( (GB:VLG) ) has provided an update.

Venture Life Group has continued to execute its previously announced share buyback programme, repurchasing 36,557 ordinary shares at a volume-weighted average price of 66.98p per share through Cavendish Capital Markets and holding the shares in treasury. Following this transaction, the company 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 figure that will be used by shareholders in assessing disclosure thresholds under UK 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 plc is a UK-headquartered international consumer self-care company operating in the global consumer healthcare sector, focused on proactive healthy longevity through product innovation, development and commercialisation. Its portfolio includes brands such as Balance Activ in 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, sold via pharmacies, health & beauty retailers, grocery multiples and e-commerce, both directly in key markets and through international distribution partners elsewhere.

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.

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