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Marston’s PLC Updates Total Voting Rights Following Sharesave Scheme

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Marston’s PLC Updates Total Voting Rights Following Sharesave Scheme

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Marston’s ( (GB:MARS) ) has issued an announcement.

Marston’s PLC announced an update on its total voting rights, revealing that it has 660,362,194 ordinary shares admitted to trading, with 25,700,782 held in treasury, resulting in 187,225,116 voting rights. This change is due to the exercise of options under the Company’s 2022 Sharesave Scheme, impacting how shareholders calculate their voting rights and potentially influencing their investment decisions.

The most recent analyst rating on (GB:MARS) stock is a Hold with a £44.00 price target. To see the full list of analyst forecasts on Marston’s stock, see the GB:MARS Stock Forecast page.

Spark’s Take on GB:MARS Stock

According to Spark, TipRanks’ AI Analyst, GB:MARS is a Neutral.

Marston’s demonstrates strong cash flow and revenue growth, contributing positively to its financial performance. However, ongoing net losses and high leverage are significant concerns. The stock’s undervaluation offers potential upside, but technical indicators suggest caution in the short term.

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

More about Marston’s

Marston’s PLC operates in the hospitality industry, primarily focusing on brewing and pub retailing. The company is known for its extensive portfolio of pubs and beer brands, catering to a diverse market of beer enthusiasts and pub-goers.

Average Trading Volume: 1,251,085

Technical Sentiment Signal: Sell

Current Market Cap: £251.9M

For an in-depth examination of MARS stock, go to TipRanks’ Overview page.

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