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The latest update is out from Future plc ( (GB:FUTR) ).
Future plc has announced a transaction involving the repurchase of its own shares as part of a share buyback program. The company purchased 2,040 of its Ordinary Shares at prices ranging between 935.00 GBp and 940.00 GBp, with a volume-weighted average price of 935.8789 GBp per share. These shares will be cancelled, reducing the total number of voting rights in the company to 110,803,255. This move is likely part of a strategy to consolidate shareholder value and optimize the company’s capital structure, impacting stakeholders by potentially increasing the value of remaining shares.
More about Future plc
Average Trading Volume: 383,018
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £1.01B
Learn more about FUTR stock on TipRanks’ Stock Analysis page.
