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Hays plc ( (GB:HAS) ) has provided an announcement.
Hays plc has repurchased 200,000 of its ordinary shares on the London Stock Exchange as part of its ongoing treasury share purchase program. This transaction, executed through UBS AG, reflects the company’s strategy to manage its capital structure effectively, potentially enhancing shareholder value by holding these shares in treasury.
The most recent analyst rating on (GB:HAS) stock is a Hold with a £60.00 price target. To see the full list of analyst forecasts on Hays plc stock, see the GB:HAS Stock Forecast page.
Spark’s Take on GB:HAS Stock
According to Spark, TipRanks’ AI Analyst, GB:HAS is a Neutral.
The overall stock score is primarily influenced by financial performance challenges, including negative revenue growth and profitability issues. Technical analysis provides a neutral outlook with slight upward momentum. Valuation is weak due to a negative P/E ratio, despite a modest dividend yield.
To see Spark’s full report on GB:HAS stock, click here.
More about Hays plc
Hays plc operates within the recruitment industry, providing staffing and human resource services across various sectors. The company focuses on connecting skilled professionals with organizations in need of talent, playing a significant role in the global employment market.
Average Trading Volume: 3,859,764
Technical Sentiment Signal: Sell
Current Market Cap: £926.9M
For a thorough assessment of HAS stock, go to TipRanks’ Stock Analysis page.