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LSL Property Services ( (GB:LSL) ) has provided an announcement.
LSL Property Services PLC announced the purchase of 35,000 ordinary shares at a price of 252.49 pence per share as part of its ongoing share buyback program. This transaction, executed through Shore Capital Stockbrokers Limited, reflects the company’s strategy to manage its share capital and enhance shareholder value. The repurchased shares will be held in treasury, adjusting the total voting rights and impacting shareholder calculations under regulatory guidelines.
The most recent analyst rating on (GB:LSL) stock is a Hold with a £308.00 price target. To see the full list of analyst forecasts on LSL Property Services stock, see the GB:LSL Stock Forecast page.
Spark’s Take on GB:LSL Stock
According to Spark, TipRanks’ AI Analyst, GB:LSL is a Neutral.
LSL Property Services’ strong financial recovery and positive earnings call outlook are the most significant factors driving the score. The company’s stable financial position and strategic growth initiatives further support its potential. Technical indicators and valuation metrics are neutral, reflecting a balanced market view.
To see Spark’s full report on GB:LSL stock, click here.
More about LSL Property Services
LSL Property Services PLC operates within the property services industry, focusing primarily on residential property services. The company is engaged in activities such as estate agency, surveying, and financial services, serving a diverse market that includes home buyers, sellers, and financial institutions.
Average Trading Volume: 56,407
Technical Sentiment Signal: Sell
Current Market Cap: £260.3M
See more insights into LSL stock on TipRanks’ Stock Analysis page.