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Fuller, Smith & Turner Enhances Capital Structure with Share Buyback

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Fuller, Smith & Turner Enhances Capital Structure with Share Buyback

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An announcement from Fuller Smith & Turner ( (GB:FSTA) ) is now available.

Fuller, Smith & Turner PLC has announced a transaction involving the repurchase of 16,000 of its ‘A’ Ordinary Shares as part of its ongoing share buyback program. This move is aimed at consolidating its share capital, with the repurchased shares being held in Treasury. The transaction reflects the company’s strategic efforts to manage its capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:FSTA) stock is a Hold with a £627.00 price target. To see the full list of analyst forecasts on Fuller Smith & Turner stock, see the GB:FSTA Stock Forecast page.

Spark’s Take on GB:FSTA Stock

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

Fuller Smith & Turner shows strong financial performance with robust revenue growth and profitability, supported by a solid balance sheet. The valuation is attractive with a reasonable P/E ratio and a good dividend yield. However, technical analysis indicates a lack of strong momentum, which slightly tempers the overall score.

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

More about Fuller Smith & Turner

Fuller, Smith & Turner PLC operates in the hospitality industry, primarily focusing on brewing and running pubs. The company is known for its range of beers and operates a network of pubs, hotels, and inns across the UK.

Average Trading Volume: 35,127

Technical Sentiment Signal: Buy

Current Market Cap: £324.4M

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

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