Fuller, Smith & Turner PLC Corrects Share Buyback Announcement

Fuller Smith & Turner ( (GB:FSTA) ) just unveiled an announcement.

Fuller, Smith & Turner PLC announced a correction to a previous statement regarding its share buyback program. The company repurchased 20,000 of its ‘A’ Ordinary Shares at a consistent price of 556 pence per share, which will be held in Treasury. This transaction is part of a broader strategy to manage its capital structure and potentially enhance shareholder value. The corrected information ensures transparency and compliance with regulatory requirements, which is crucial for maintaining investor trust and aligning with market regulations.

The most recent analyst rating on (GB:FSTA) stock is a Hold with a £592.00 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 has a strong financial foundation with robust revenue growth and profitability, contributing significantly to the overall score. The stock’s valuation is attractive with a low P/E ratio and a solid dividend yield. However, technical analysis indicates a bearish trend, which negatively impacts the overall score. 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:FSTA stock, click here.

More about Fuller Smith & Turner

Fuller, Smith & Turner PLC is a company involved in the hospitality industry, primarily known for its pubs and hotels. The company focuses on providing quality food, drink, and accommodation services, catering to a diverse market seeking premium hospitality experiences.

Average Trading Volume: 32,942

Technical Sentiment Signal: Sell

Current Market Cap: £311.5M

See more insights into FSTA stock on TipRanks’ Stock Analysis page.