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The latest announcement is out from TruFin ( (GB:TRU) ).
TruFin plc has completed a £4 million share buyback program, acquiring 993 ordinary shares at an average price of 108.00 pence per share, which will be canceled. This transaction affects the total voting rights, now standing at 102,082,205 ordinary shares, and provides shareholders with a new denominator for interest calculations under the Financial Conduct Authority’s rules.
The most recent analyst rating on (GB:TRU) stock is a Buy with a £132.00 price target. To see the full list of analyst forecasts on TruFin stock, see the GB:TRU Stock Forecast page.
Spark’s Take on GB:TRU Stock
According to Spark, TipRanks’ AI Analyst, GB:TRU is a Outperform.
TruFin’s strong financial performance and positive corporate events are the most significant factors driving the stock score. The technical analysis supports a bullish outlook, although valuation concerns slightly temper the overall score. The absence of earnings call data does not impact the assessment.
To see Spark’s full report on GB:TRU stock, click here.
More about TruFin
TruFin plc is a holding company overseeing three technology-driven businesses that focus on niche markets, including early payment provision, invoice finance, and mobile games publishing. The company, which was admitted to AIM in February 2018, operates under the ticker symbol TRU.
Average Trading Volume: 225,531
Technical Sentiment Signal: Buy
Current Market Cap: £110.8M
See more insights into TRU stock on TipRanks’ Stock Analysis page.