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An update from London Stock Exchange ( (GB:LSEG) ) is now available.
London Stock Exchange Group plc announced the purchase of 322,659 of its own ordinary shares as part of a share buyback program, with the shares to be held in treasury. This transaction, executed through Goldman Sachs International, reflects LSEG’s ongoing efforts to manage its capital structure and potentially enhance shareholder value. The total voting rights in the company remain at 518,488,596, which stakeholders can use for notification obligations under regulatory guidelines.
The most recent analyst rating on (GB:LSEG) stock is a Buy with a £122.00 price target. To see the full list of analyst forecasts on London Stock Exchange stock, see the GB:LSEG Stock Forecast page.
Spark’s Take on GB:LSEG Stock
According to Spark, TipRanks’ AI Analyst, GB:LSEG is a Neutral.
The London Stock Exchange’s overall stock score reflects strong financial performance, which is the most significant factor. However, bearish technical indicators and a high P/E ratio weigh down the score. The lack of earnings call data and corporate events limits additional insights.
To see Spark’s full report on GB:LSEG stock, click here.
More about London Stock Exchange
London Stock Exchange Group plc (LSEG) operates in the financial services industry, providing a range of services including stock exchange operations, trading, and market data services. The company is a prominent player in the global financial markets, facilitating capital raising and offering a platform for trading and investment activities.
Average Trading Volume: 1,622,151
Technical Sentiment Signal: Hold
Current Market Cap: £45.49B
See more data about LSEG stock on TipRanks’ Stock Analysis page.