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Future plc ( (GB:FUTR) ) has issued an update.
Future plc has announced a share buyback program where it repurchased 4,640 of its Ordinary 15p Shares through Deutsche Numis. These shares will be canceled, reducing the total number of shares in issue to 110,763,962, which will affect the total voting rights in the company. This move is part of a strategy to manage the company’s capital structure and potentially enhance shareholder value by reducing the number of shares outstanding, which can increase the value of existing shares.
More about Future plc
YTD Price Performance: 1.78%
Average Trading Volume: 375,475
Technical Sentiment Consensus Rating: Hold
Current Market Cap: £1.03B
For an in-depth examination of FUTR stock, go to TipRanks’ Stock Analysis page.
