Foresight Group Executes Share Buyback Program

Foresight Group Holdings Ltd. ( (GB:FSG) ) has provided an update.

Foresight Group Holdings Limited has executed a share buyback program, purchasing 15,000 of its ordinary shares through Berenberg. The shares, bought at a volume-weighted average price of 473.40 pence, will be held in treasury, reducing the number of voting shares. This move is part of a broader strategy to manage the company’s capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:FSG) stock is a Buy with a £516.00 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. scores well due to its strong financial performance and strategic corporate actions like share buybacks. Technical indicators show positive momentum, although valuation metrics suggest the stock is fairly priced. The absence of recent earnings call data limits further insights.

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 providing investment opportunities that support the energy transition, decarbonization, and nature recovery, while maximizing asset value for investors. As a constituent of the FTSE 250 index, Foresight offers a diversified range of private and public funds and investment solutions tailored for the retail market.

Average Trading Volume: 289,758

Technical Sentiment Signal: Strong Buy

Current Market Cap: £537.5M

For a thorough assessment of FSG stock, go to TipRanks’ Stock Analysis page.