The latest update is out from Fuller Smith & Turner ( (GB:FSTA) ).
Fuller, Smith & Turner PLC, a company engaged in a share buyback program, has repurchased 15,000 of its ‘A’ ordinary shares on the London Stock Exchange. This transaction is part of a previously announced buyback initiative, and the repurchased shares will be held in Treasury. Following this purchase, the company’s issued share capital consists of 36,822,789 ‘A’ ordinary shares, with 3,684,099 of these held in Treasury. This impacts the total number of voting rights available to shareholders, which now stands at 33,138,690. This adjustment is significant for stakeholders as it affects the calculations for notifying changes in shareholding interests under regulatory rules.
Spark’s Take on GB:FSTA Stock
According to Spark, TipRanks’ AI Analyst, GB:FSTA is a Outperform.
Fuller Smith & Turner receives a solid score of 73.9, driven by strong financial performance with robust revenue growth and cash flow management. The company is benefiting from positive technical indicators, although caution is advised as the stock approaches overbought levels. The valuation remains fair with a decent dividend yield. Corporate actions, such as share buybacks, highlight management’s confidence and are expected to enhance shareholder value. Overall, the company is well-positioned for growth but should focus on improving net profit margins.
To see Spark’s full report on GB:FSTA stock, click here.
More about Fuller Smith & Turner
Average Trading Volume: 39,894
Technical Sentiment Signal: Sell
Current Market Cap: £320.7M
For an in-depth examination of FSTA stock, go to TipRanks’ Stock Analysis page.