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Johnson Service Group PLC Announces Share Buyback

Story Highlights
  • Johnson Service Group PLC repurchased 246,040 shares at an average price of 142.8205 pence.
  • The company plans to cancel these shares, impacting its share capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Johnson Service Group PLC Announces Share Buyback

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Johnson Service ( (GB:JSG) ) has shared an announcement.

Johnson Service Group PLC, a company involved in the textile services industry, has announced the repurchase of 246,040 of its ordinary shares at a weighted average price of 142.8205 pence per share through Investec Bank plc. The company plans to cancel these shares as part of its buyback program initiated on September 2, 2025, which may impact its share capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:JSG) stock is a Buy with a £170.00 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 are the primary drivers of its score. The stock’s valuation is fair, and technical indicators suggest neutral momentum. Challenges with labor costs and pricing strategy are noted but outweighed by the company’s achievements.

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

More about Johnson Service

Average Trading Volume: 2,298,671

Technical Sentiment Signal: Buy

Current Market Cap: £550.5M

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

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