Pollen Street Group Limited ( (GB:POLN) ) just unveiled an announcement.
Pollen Street Group Limited has executed a share buyback, purchasing 113,500 of its own ordinary shares at prices ranging from 790 to 800 pence per share, with a weighted average price of 799.5595 pence. These shares will be held in treasury, and the transaction affects the company’s voting rights, which now total 60,873,840. This move is part of a previously announced buyback program, potentially impacting shareholder calculations under the FCA’s rules.
Spark’s Take on GB:POLN Stock
According to Spark, TipRanks’ AI Analyst, GB:POLN is a Outperform.
Pollen Street Group Limited’s strong financial performance and favorable valuation are key strengths, supported by solid revenue growth, low debt levels, and a high dividend yield. The recent positive corporate events further enhance its market positioning. While technical indicators show mixed signals, the overall outlook remains positive, with the stock appearing undervalued and offering potential growth and income opportunities.
To see Spark’s full report on GB:POLN stock, click here.
More about Pollen Street Group Limited
Average Trading Volume: 86,118
Technical Sentiment Signal: Strong Buy
Current Market Cap: £474.5M
Learn more about POLN stock on TipRanks’ Stock Analysis page.