tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Future plc Announces Share Buyback and Cancellation

Story Highlights
Future plc Announces Share Buyback and Cancellation

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Future plc ( (GB:FUTR) ) has provided an announcement.

Future plc, a company engaged in a share buyback program, has announced the purchase of 83,219 of its ordinary shares at an average price of 653.4249 pence per share. The company intends to cancel these shares, which is part of a broader strategy that has seen them buy back a total of 3,579,970 shares since August 2025, costing over £26 million. This move reflects Future plc’s ongoing efforts to manage its capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.

The most recent analyst rating on (GB:FUTR) stock is a Buy with a £12.80 price target. To see the full list of analyst forecasts on Future plc stock, see the GB:FUTR Stock Forecast page.

Spark’s Take on GB:FUTR Stock

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

Future plc’s overall stock score is driven primarily by its stable financial performance, despite challenges in revenue growth and profitability. The technical analysis indicates a bearish trend, which weighs down the score. Valuation suggests the stock is undervalued, providing a potential opportunity for investors, but the low dividend yield limits income potential.

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

More about Future plc

Average Trading Volume: 557,959

Technical Sentiment Signal: Strong Sell

Current Market Cap: £640.1M

For an in-depth examination of FUTR stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1