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Water Intelligence PLC Executes Share Buyback to Optimize Capital Structure

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Water Intelligence PLC Executes Share Buyback to Optimize Capital Structure

Meet Your ETF AI Analyst

Water Intelligence ( (GB:WATR) ) has provided an update.

Water Intelligence PLC announced the purchase of 20,000 of its own ordinary shares, executed through its joint broker, Dowgate Capital, on the London Stock Exchange. This transaction, approved by shareholders, aims to manage the company’s capital structure and enhance shareholder value by holding the purchased shares in treasury, impacting the total voting rights in the company.

The most recent analyst rating on (GB:WATR) stock is a Buy with a £500.00 price target. To see the full list of analyst forecasts on Water Intelligence stock, see the GB:WATR Stock Forecast page.

Spark’s Take on GB:WATR Stock

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

Water Intelligence shows strong financial performance with robust revenue growth and profitability, which is the most significant factor in its score. However, technical indicators suggest a bearish trend, and valuation is moderate with no dividend yield. The absence of earnings call and corporate events data limits further insights.

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

More about Water Intelligence

Water Intelligence PLC is a leading multinational company specializing in precision, minimally-invasive leak detection and remediation solutions for both potable and non-potable water. The company operates in the water management industry, focusing on providing advanced solutions for water conservation and infrastructure maintenance.

Average Trading Volume: 32,394

Technical Sentiment Signal: Sell

Current Market Cap: £50.3M

See more data about WATR stock on TipRanks’ Stock Analysis page.

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