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An announcement from Staffline ( (GB:STAF) ) is now available.
Staffline Group PLC has executed a share buy-back, purchasing 150,000 ordinary shares at a price of 44.75p each, as part of its ongoing strategy to manage its capital structure. This transaction reduces the total number of shares in issue to 125,688,325, impacting shareholder voting rights and potentially enhancing shareholder value.
The most recent analyst rating on (GB:STAF) stock is a Hold with a £49.00 price target. To see the full list of analyst forecasts on Staffline stock, see the GB:STAF Stock Forecast page.
Spark’s Take on GB:STAF Stock
According to Spark, TipRanks’ AI Analyst, GB:STAF is a Neutral.
Staffline’s stock score is driven by strong technical indicators and reasonable valuation, despite challenges in profitability and equity stability. The absence of earnings call data and corporate events limits additional insights.
To see Spark’s full report on GB:STAF stock, click here.
More about Staffline
Staffline Group PLC is a leading recruitment group in the UK, operating through two main divisions: Recruitment GB and Recruitment Ireland. Recruitment GB provides flexible blue-collar workers across various industries, including supermarkets, logistics, and manufacturing, while Recruitment Ireland offers comprehensive staffing solutions across public and private sectors in Ireland.
Average Trading Volume: 184,941
Technical Sentiment Signal: Buy
Current Market Cap: £52.88M
See more insights into STAF stock on TipRanks’ Stock Analysis page.