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Touchstar plc Executes Share Buyback Program

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Touchstar plc Executes Share Buyback Program

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An announcement from Touchstar ( (GB:TST) ) is now available.

Touchstar plc has repurchased 4,155 ordinary shares as part of its share buyback program, maintaining its issued share capital at 8,475,077 shares. This transaction, executed through Zeus Capital Limited, reflects Touchstar’s ongoing strategy to manage its share capital and potentially enhance shareholder value.

The most recent analyst rating on (GB:TST) stock is a Hold with a £95.00 price target. To see the full list of analyst forecasts on Touchstar stock, see the GB:TST Stock Forecast page.

Spark’s Take on GB:TST Stock

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

Touchstar’s overall stock score is driven by its strong financial position, particularly its robust cash flow and low leverage. However, technical indicators suggest bearish momentum, and the valuation is moderate. The absence of recent earnings call data and corporate events limits further insights.

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

More about Touchstar

Touchstar plc is a company that supplies mobile data computing solutions and managed services to various industrial sectors.

Average Trading Volume: 7,352

Technical Sentiment Signal: Sell

Current Market Cap: £6.64M

Learn more about TST stock on TipRanks’ Stock Analysis page.

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