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London Stock Exchange ( (GB:LSEG) ) just unveiled an announcement.
London Stock Exchange Group plc has executed a share buyback program, purchasing 329,217 of its ordinary shares from Goldman Sachs International. These shares will be held in treasury, impacting the total voting rights in the company, which now stand at 521,688,067. This move is part of LSEG’s broader strategy to manage its capital structure and enhance shareholder value.
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) is a leading global financial markets infrastructure and data provider. The company operates a range of international equity, bond and derivatives markets, including the London Stock Exchange. LSEG also provides financial information, data, and analytics services, serving a diverse range of clients worldwide.
Average Trading Volume: 1,495,970
Technical Sentiment Signal: Hold
Current Market Cap: £44.94B
See more insights into LSEG stock on TipRanks’ Stock Analysis page.