Virgin Wines Buys Back 150,000 Shares Under Ongoing Programme

Virgin Wines UK PLC ( (GB:VINO) ) has provided an announcement.

Virgin Wines UK plc has repurchased 150,000 of its own ordinary shares at a volume-weighted average price of 60 pence per share under its ongoing share buyback programme, with the shares to be held in treasury. Following this transaction, the company’s issued share capital remains 55,972,405 ordinary shares, of which 6,490,945 are held in treasury, leaving 49,481,460 shares with voting rights, a key figure for investors monitoring disclosure thresholds and potential changes in ownership stakes.

The most recent analyst rating on (GB:VINO) stock is a Hold with a £60.00 price target. To see the full list of analyst forecasts on Virgin Wines UK PLC stock, see the GB:VINO Stock Forecast page.

Spark’s Take on GB:VINO Stock

According to Spark, TipRanks’ AI Analyst, GB:VINO is a Neutral.

Virgin Wines UK PLC’s stock score is driven by mixed financial performance and technical indicators suggesting short-term bullish momentum. The valuation is moderate, but the lack of a dividend yield and challenges in revenue growth and cash flow consistency weigh on the score.

To see Spark’s full report on GB:VINO stock, click here.

More about Virgin Wines UK PLC

Virgin Wines UK plc is one of the UK’s largest direct-to-consumer online wine retailers, focusing on delivering wines directly to customers through its digital platform. The company operates in the e-commerce beverage sector, targeting UK consumers seeking curated wine selections and convenient online purchasing options.

Average Trading Volume: 46,952

Technical Sentiment Signal: Buy

Current Market Cap: £29.78M

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