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Virgin Wines UK PLC ( (GB:VINO) ) just unveiled an announcement.
Virgin Wines UK plc has repurchased 50,000 ordinary shares at a volume-weighted average price of 54.25 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 at 55,972,405 ordinary shares, of which 5,613,645 are held in treasury, leaving 50,358,760 ordinary shares with voting rights, a figure shareholders may use to assess disclosure obligations under UK transparency rules.
The most recent analyst rating on (GB:VINO) stock is a Hold with a £56.00 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 selling wine directly to consumers via digital channels. The company operates on the Alternative Investment Market (AIM) and targets customers seeking curated wine selections delivered to their homes.
Average Trading Volume: 54,904
Technical Sentiment Signal: Buy
Current Market Cap: £27.14M
See more data about VINO stock on TipRanks’ Stock Analysis page.