Young & Co.’s Brewery Cancels Shares Following Latest Buyback Transaction

Young & Co’S Brewery ( (GB:YNGN) ) has provided an announcement.

Young & Co.’s Brewery has repurchased 8,457 non-voting ordinary shares at a volume-weighted average price of 598 pence per share as part of its previously announced share buyback programme, executing the transaction through Peel Hunt LLP on AIM. The purchased shares will be cancelled, reducing the number of non-voting shares in issue to 23,924,231 alongside 38,026,087 A shares, a move that marginally shrinks the company’s share capital and may enhance earnings per share and capital efficiency for remaining shareholders.

The most recent analyst rating on (GB:YNGN) stock is a Hold with a £648.00 price target. To see the full list of analyst forecasts on Young & Co’S Brewery stock, see the GB:YNGN Stock Forecast page.

Spark’s Take on GB:YNGN Stock

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

Young & Co’s Brewery demonstrates strong financial performance with robust revenue growth and efficient operations, which are the most significant factors in the overall score. Technical analysis and valuation present a more moderate outlook, with the stock appearing slightly overvalued but offering a decent dividend yield. The absence of earnings call and corporate events data means these factors do not influence the score.

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

More about Young & Co’S Brewery

Young & Co.’s Brewery, P.L.C. is a London-listed brewery and pub company operating in the UK hospitality sector, with its share capital divided into non-voting ordinary shares and A shares traded on the London Stock Exchange’s AIM market.

Average Trading Volume: 42,213

Technical Sentiment Signal: Hold

Current Market Cap: £424.8M

For an in-depth examination of YNGN stock, go to TipRanks’ Overview page.