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Venture Life Tightens Share Base with Latest Buyback Tranche

Story Highlights
  • Venture Life repurchased 164,604 shares at 67.68p, holding them in treasury.
  • Post-buyback, the group has 124.64 million voting shares, slightly consolidating investors’ stakes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Venture Life Tightens Share Base with Latest Buyback Tranche

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

Venture Life Group has repurchased 164,604 ordinary shares at a volume-weighted average price of 67.68 pence per share under its ongoing share buyback programme, with the shares to be held in treasury. Following this transaction, the company has 128,812,145 ordinary shares in issue, of which 4,172,800 are held in treasury, leaving 124,639,345 voting rights in circulation, a figure that will guide shareholders’ disclosure obligations and marginally consolidates existing investors’ proportional ownership.

The most recent analyst rating on (GB:VLG) stock is a Hold with a £67.00 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. Its portfolio spans products 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, distributed via pharmacies, health and beauty retailers, grocery multiples, and e-commerce channels worldwide, either directly in key markets like the UK, Ireland and the US or through international distribution partners elsewhere.

Average Trading Volume: 235,517

Technical Sentiment Signal: Buy

Current Market Cap: £84.13M

Find detailed analytics on VLG stock on TipRanks’ Stock Analysis page.

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