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Johnson Service Group PLC Announces Share Buyback

Story Highlights
  • Johnson Service Group PLC purchased 166,418 shares at an average price of 136.2642 pence.
  • The company plans to cancel these shares, potentially increasing shareholder value.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Johnson Service Group PLC Announces Share Buyback

Johnson Service ( (GB:JSG) ) just unveiled an update.

Johnson Service Group PLC, a company engaged in the purchase of its own shares, announced the acquisition of 166,418 ordinary shares through Investec Bank plc at a weighted average price of 136.2642 pence per share. The company intends to cancel these shares as part of its buyback program, initially announced on March 5, 2025. This move is likely to impact the company’s stock value by reducing the number of shares in circulation, potentially increasing shareholder value.

More about Johnson Service

YTD Price Performance: -0.74%

Average Trading Volume: 737,990

Technical Sentiment Consensus Rating: Hold

Current Market Cap: £563.2M

For an in-depth examination of JSG stock, go to TipRanks’ Stock Analysis page.

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