Johnson Service ( (GB:JSG) ) has shared an update.
Johnson Service Group PLC announced the purchase of 20,601 of its ordinary shares at a weighted average price of 144.2381 pence per share as part of a buyback program initiated on March 5, 2025. The company intends to cancel these shares, a move that could potentially enhance shareholder value by reducing the number of shares outstanding, thereby increasing earnings per share and strengthening its market position.
More about Johnson Service
Johnson Service Group PLC operates in the textile services industry, providing a range of services including workwear rental, laundry, and linen services. The company focuses on delivering high-quality textile solutions to various sectors, including hospitality, healthcare, and manufacturing.
YTD Price Performance: 8.26%
Average Trading Volume: 698,544
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: £609M
For detailed information about JSG stock, go to TipRanks’ Stock Analysis page.
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