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Johnson Service Group Executes Share Buyback

Story Highlights
  • Johnson Service Group repurchased 232,371 shares at an average price of 141.1032 pence.
  • The buyback aims to enhance market positioning by canceling shares, potentially boosting share value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Johnson Service Group Executes Share Buyback

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Johnson Service ( (GB:JSG) ) just unveiled an update.

Johnson Service Group PLC, a company involved in the textile services industry, announced the repurchase of 232,371 of its ordinary shares at prices ranging from 140.20 to 142.80 pence per share, with a weighted average price of 141.1032 pence. The repurchased shares will be canceled as part of a buyback program initiated on September 2, 2025. This move is likely to impact the company’s share value and market positioning by reducing the number of shares available in the market, potentially increasing the value of remaining shares and signaling confidence in the company’s financial health.

The most recent analyst rating on (GB:JSG) stock is a Buy with a £162.00 price target. To see the full list of analyst forecasts on Johnson Service stock, see the GB:JSG Stock Forecast page.

Spark’s Take on GB:JSG Stock

According to Spark, TipRanks’ AI Analyst, GB:JSG is a Outperform.

Johnson Service’s strong financial performance and positive earnings call sentiment are the primary drivers of its stock score. While technical indicators show a neutral trend, the company’s valuation is balanced, supporting a favorable outlook. Addressing debt levels and pricing challenges will be crucial for future growth.

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

More about Johnson Service

Average Trading Volume: 1,661,076

Technical Sentiment Signal: Buy

Current Market Cap: £557.6M

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

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