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An announcement from Foresight Group Holdings Ltd. ( (GB:FSG) ) is now available.
Foresight Group Holdings Limited has executed a share buyback program, purchasing 14,785 of its ordinary shares through Berenberg. These shares will be held in treasury, reducing the number of voting shares to 113,015,652 out of 116,347,803 total shares, impacting shareholder calculations under FCA rules. This move is part of a broader strategy to manage share capital and potentially enhance shareholder value.
The most recent analyst rating on (GB:FSG) stock is a Buy with a £550.00 price target. To see the full list of analyst forecasts on Foresight Group Holdings Ltd. stock, see the GB:FSG Stock Forecast page.
Spark’s Take on GB:FSG Stock
According to Spark, TipRanks’ AI Analyst, GB:FSG is a Outperform.
Foresight Group Holdings Ltd. displays strong financial fundamentals with robust revenue growth and profitability, a solid balance sheet, and a strategic share buyback program that enhances shareholder value. While the valuation metrics are attractive, short-term technical indicators suggest caution. Overall, the company is well-positioned for long-term growth, making it appealing to value investors despite potential short-term volatility.
To see Spark’s full report on GB:FSG stock, click here.
More about Foresight Group Holdings Ltd.
Founded in 1984, Foresight Group Holdings Limited is a leading investment manager specializing in real assets and capital for growth, with operations across the UK, Europe, and Australia. The company focuses on investment opportunities that support energy transition, decarbonization, nature recovery, and the economic potential of ambitious companies. As a FTSE 250 index constituent, Foresight offers a diversified range of private and public funds and investment solutions aimed at building a sustainable future.
Average Trading Volume: 263,973
Technical Sentiment Signal: Buy
Current Market Cap: £452.8M
See more insights into FSG stock on TipRanks’ Stock Analysis page.
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