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London Stock Exchange ( (GB:LSEG) ) has shared an update.
London Stock Exchange Group plc (LSEG) has executed a share buyback program, purchasing 236,222 of its ordinary shares from Goldman Sachs International. The shares were acquired at prices ranging from 88.2400 to 89.4000 pence per share, with an average price of 88.8768 pence. These shares will be held in treasury, increasing LSEG’s total treasury shares to 21,879,239. This transaction impacts the company’s total voting rights, which now stand at 519,120,727, and is relevant for stakeholders monitoring their shareholding interests under regulatory guidelines.
The most recent analyst rating on (GB:LSEG) stock is a Buy with a £127.00 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 products and services including trading, clearing, and information services. It is a key player in the global financial markets, facilitating capital raising and risk management for companies and investors.
Average Trading Volume: 1,609,821
Technical Sentiment Signal: Hold
Current Market Cap: £46.03B
For a thorough assessment of LSEG stock, go to TipRanks’ Stock Analysis page.