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Johnson Service Group PLC Announces Share Buyback

Story Highlights
  • Johnson Service Group repurchased 262,103 shares at prices between 119.00 and 129.60 pence.
  • The company plans to cancel these shares, potentially affecting share value and market perception.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

The latest update is out from Johnson Service ( (GB:JSG) ).

Johnson Service Group PLC, a company involved in providing services, announced the repurchase of 262,103 of its ordinary shares at prices ranging from 119.00 to 129.60 pence per share, with a weighted average price of 124.9664 pence. The company intends to cancel these shares as part of a buyback program initiated in March 2025, which may impact the company’s share value and market perception by reducing the number of shares in circulation.

Spark’s Take on GB:JSG Stock

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

Johnson Service Group exhibits strong financial performance and proactive corporate strategies, such as share buybacks, that support shareholder value. However, the stock’s current technical setup suggests caution due to potential downward pressure. The valuation is reasonable, providing a balanced risk-reward profile. Continued focus on improving profit margins and managing debt will be key to enhancing the company’s overall standing.

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

More about Johnson Service

YTD Price Performance: -8.55%

Average Trading Volume: 949,365

Technical Sentiment Signal: Strong Buy

Current Market Cap: £521.7M

See more insights into JSG stock on TipRanks’ Stock Analysis page.

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