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Hays plc Expands Treasury Share Holdings with Recent Purchase

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Hays plc Expands Treasury Share Holdings with Recent Purchase

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The latest update is out from Hays plc ( (GB:HAS) ).

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 move is intended to manage the company’s capital structure and potentially enhance shareholder value, reflecting a strategic approach to its financial management.

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 in the recruitment industry, providing staffing and workforce solutions across various sectors. The company focuses on connecting skilled professionals with employers, leveraging its extensive network and expertise in the job market.

Average Trading Volume: 3,870,544

Technical Sentiment Signal: Sell

Current Market Cap: £943M

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

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